258. Deputy Willie O'Dea asked the Minister for Finance his views on the stated intention of the Bank of Ireland to pay dividends to its shareholders in the second half of 2016, in view of the facts that it consistently refuses to write off any secured debt for bonuses, that it repossessed 200 family homes in 2014, that it forced the sale of another 500, that it is increasing its application for repossessions and that it forced its subsidiaries' bondholders, including credit unions, to settle for as little as 1% of the value of their securities; and if he will make a statement on the matter. [11389/15]

Summary

258. Deputy Willie O'Dea asked the Minister for Finance his views on the stated intention of the Bank of Ireland to pay dividends to its shareholders in the second half of 2016, in view of the facts that it consistently refuses to write off any secured debt for bonuses, that it repossessed 200 family homes in 2014, that it forced the sale of another 500, that it is increasing its application for repossessions and that it forced its subsidiaries' bondholders, including credit unions, to settle for as little as 1% of the value of their securities; and if he will make a statement on the matter. [11389/15]

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Timeline

1. 24 March 2015

   Banking Sector Regulation

   258. Deputy Willie O'Dea asked the Minister for Finance his views on the stated intention of the Bank of Ireland to pay dividends to its shareholders in the second half of 2016, in view of the facts that it consistently refuses to write off any secured debt for bonuses, that it repossessed 200 family homes in 2014, that it forced the sale of another 500, that it is increasing its application for repossessions and that it forced its subsidiaries' bondholders, including credit unions, to settle for as little as 1% of the value of their securities; and if he will make a statement on the matter. [11389/15]

   Source: written

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• Banking Sector Regulation

  xml · EN · 24 March 2015

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• O'Dea, Willie. · Asking member
• Finance · Finance · Addressed to

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