431. Deputy Denis Naughten asked the Minister for Finance the way regulated financial service providers, including pillar banks and alternative lenders, will be required to handle distressed commercial loans; if the appointment of receivers and-or other enforcement action should be pursued by such regulated financial service providers in respect of borrowers who are in default on their loan arrangements as a result of the pandemic or related events; if extended and indefinite moratoriums will instead be afforded to the borrowers; and if he will make a statement on the matter. [33192/20]

Summary

431. Deputy Denis Naughten asked the Minister for Finance the way regulated financial service providers, including pillar banks and alternative lenders, will be required to handle distressed commercial loans; if the appointment of receivers and-or other enforcement action should be pursued by such regulated financial service providers in respect of borrowers who are in default on their loan arrangements as a result of the pandemic or related events; if extended and indefinite moratoriums will instead be afforded to the borrowers; and if he will make a statement on the matter. [33192/20]

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• Covid-19 Pandemic Supports

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