89 Deputy Joan Burton asked the Minister for Finance his views on whether serious challenges will remain for the banking sector here after completion of the transfer of toxic loans to the National Asset Management Agency; if, post-NAMA, he foresees significant future losses on the banks’ remaining loan books including mortgages, consumer credit and commercial lending; his views on whether credit flows to businesses and households are likely to remain constrained for some time; if a continued credit famine is likely to constrain economic growth; when he expects the normal flow of credit to be restored; and if he will make a statement on the matter. [5459/10]

Summary

89 Deputy Joan Burton asked the Minister for Finance his views on whether serious challenges will remain for the banking sector here after completion of the transfer of toxic loans to the National Asset Management Agency; if, post-NAMA, he foresees significant future losses on the banks’ remaining loan books including mortgages, consumer credit and commercial lending; his views on whether credit flows to businesses and households are likely to remain constrained for some time; if a continued credit famine is likely to constrain economic growth; when he expects the normal flow of credit to be restored; and if he will make a statement on the matter. [5459/10]

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• Financial Institutions Support Scheme.

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