109. Deputy Bríd Smith asked the Minister for Finance to seek clarification from a bank (details supplied) as to the way in which it intends to conduct a sale of credit card debt of small and medium enterprises in County Dublin in the near future; to whom invitations are issued to partake in this sale; the discount the bank is offering for the purchase of the debt portfolios; and if he will consider purchasing these portfolios in order to alleviate the negative impact that this sale could have on local businesses and jobs. [8368/16]

Summary

109. Deputy Bríd Smith asked the Minister for Finance to seek clarification from a bank (details supplied) as to the way in which it intends to conduct a sale of credit card debt of small and medium enterprises in County Dublin in the near future; to whom invitations are issued to partake in this sale; the discount the bank is offering for the purchase of the debt portfolios; and if he will consider purchasing these portfolios in order to alleviate the negative impact that this sale could have on local businesses and jobs. [8368/16]

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• Debt Restructuring

  xml · EN · 26 April 2016

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