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Ireland · Question · written

PQ 94

94. Deputy Michael McGrath asked the Minister for Finance if, in the case of the complaints process put in place for the 2,141 Irish SME customers of a bank (details supplied) placed into a group, it is standard practice to deduct refunds to the customers from debt outstanding from the customers; if he and the Central Bank are satisfied that this compensation is adequate for SME customers whose financial position may have been worsened by extra fees applied as a result of being placed in the group; and if he will make a statement on the matter. [12651/17]

askedIreland· Dáil Éireann· EN

Introduced

9 March 2017

Last action

9 March 2017 · Financial Services Regulation

Status

written

Sponsors

McGrath, Michael.

Subjects

Discovery layer

Source updated

9 March 2017

Summary

94. Deputy Michael McGrath asked the Minister for Finance if, in the case of the complaints process put in place for the 2,141 Irish SME customers of a bank (details supplied) placed into a group, it is standard practice to deduct refunds to the customers from debt outstanding from the customers; if he and the Central Bank are satisfied that this compensation is adequate for SME customers whose financial position may have been worsened by extra fees applied as a result of being placed in the group; and if he will make a statement on the matter. [12651/17]

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 9 March 2017

    Financial Services Regulation

    94. Deputy Michael McGrath asked the Minister for Finance if, in the case of the complaints process put in place for the 2,141 Irish SME customers of a bank (details supplied) placed into a group, it is standard practice to deduct refunds to the customers from debt outstanding from the customers; if he and the Central Bank are satisfied that this compensation is adequate for SME customers whose financial position may have been worsened by extra fees applied as a result of being placed in the group; and if he will make a statement on the matter. [12651/17]

    Source: written

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Financial Services Regulation

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