190. Deputy Michael McGrath asked the Minister for Finance if the Central Bank is currently investigating the incorrect disclosure in advertisements of annual percentage rates by certain financial institutions; the precise nature of the investigation; the institutions concerned, the period covered and the credit products involved; if the advertised annual percentage rate, APR, understated or overstated the actual APR in each case; if the Central Bank is satisfied that consumers were actually charged the correct rates; and if he will make a statement on the matter. [13215/17]

Summary

190. Deputy Michael McGrath asked the Minister for Finance if the Central Bank is currently investigating the incorrect disclosure in advertisements of annual percentage rates by certain financial institutions; the precise nature of the investigation; the institutions concerned, the period covered and the credit products involved; if the advertised annual percentage rate, APR, understated or overstated the actual APR in each case; if the Central Bank is satisfied that consumers were actually charged the correct rates; and if he will make a statement on the matter. [13215/17]

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• Central Bank of Ireland Investigations

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