66 Deputy Seán Sherlock asked the Minister for Finance his views on the recent year end results published by a bank (details supplied); his further views in particular, on the practice of rolling up of interest during 2008 amounting to one third of customer interest for that year; if his attention has been drawn to the extent of this practice at other credit institutions covered by the bank guarantee; and if he will make a statement on the matter. [18969/09]

Summary

66 Deputy Seán Sherlock asked the Minister for Finance his views on the recent year end results published by a bank (details supplied); his further views in particular, on the practice of rolling up of interest during 2008 amounting to one third of customer interest for that year; if his attention has been drawn to the extent of this practice at other credit institutions covered by the bank guarantee; and if he will make a statement on the matter. [18969/09]

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Timeline

1. 13 May 2009

   Financial Services Regulation.

   66 Deputy Seán Sherlock asked the Minister for Finance his views on the recent year end results published by a bank (details supplied); his further views in particular, on the practice of rolling up of interest during 2008 amounting to one third of customer interest for that year; if his attention has been drawn to the extent of this practice at other credit institutions covered by the bank guarantee; and if he will make a statement on the matter. [18969/09]

   Source: written

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• Financial Services Regulation.

  xml · EN · 13 May 2009

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Sponsors

• Sherlock, Sean. · Asking member
• Minister for Finance · Minister for Finance · Addressed to

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