136. Deputy Peter Mathews asked the Minister for Finance if reclassification of debt or the exiting of Bank of Scotland Ireland from the Irish market is responsible for the reduction in credit to households for house purchases of €4.1 billion and the increase of credit to investment and pension funds of €3.15 billion between July and August 2009; the reduction of household loans by €7.55 billion and the increase of loans to funds by €6.09 billion between November and December 2010; the reduction in household loans of €17.17 billion and increase in credit extended to financial funds by €16.23 billion between September and October 2011; if these changes are considered to be household deleveraging; and if he will make a statement on the matter. [55336/12]

Summary

136. Deputy Peter Mathews asked the Minister for Finance if reclassification of debt or the exiting of Bank of Scotland Ireland from the Irish market is responsible for the reduction in credit to households for house purchases of €4.1 billion and the increase of credit to investment and pension funds of €3.15 billion between July and August 2009; the reduction of household loans by €7.55 billion and the increase of loans to funds by €6.09 billion between November and December 2010; the reduction in household loans of €17.17 billion and increase in credit extended to financial funds by €16.23 billion between September and October 2011; if these changes are considered to be household deleveraging; and if he will make a statement on the matter. [55336/12]

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