Oireachtas Joint and Select Committees

Wednesday, 31 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of IBRC: Discussion

11:50 am

Photo of Liam TwomeyLiam Twomey (Wexford, Fine Gael) | Oireachtas source

In regard to the legislation, there is a perception among the public that there is a general tardiness on the part of the banks to do something about this crisis of mortgage arrears in the residential market and SMEs. The consensus is that the banks to do not seem to be moving it on or do not want to deal with this issue which is considered to be a huge one in us moving forward.

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