117. Deputy Noel Grealish asked the Minister for Finance if Irish regulated banks have indemnity bonds on loans for principal private residences and/or buy-to-let properties which are paid by the banks themselves or the customers; if his attention has been drawn to the extent of these bonds which can lead to banking losses being distorted; if he will outline the processes to be followed in order for the banks to make a claim; and if he will make a statement on the matter. [19647/14]

Summary

117. Deputy Noel Grealish asked the Minister for Finance if Irish regulated banks have indemnity bonds on loans for principal private residences and/or buy-to-let properties which are paid by the banks themselves or the customers; if his attention has been drawn to the extent of these bonds which can lead to banking losses being distorted; if he will outline the processes to be followed in order for the banks to make a claim; and if he will make a statement on the matter. [19647/14]

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• Banking Operations

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