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 Aideen HaydenAideen Hayden (Labour) | Oireachtas source

Page 5 of the IBRC document refers to the bank's dealings with high profile borrowers. It goes on to state that it is willing to discuss in detail its approach to managing both performing and non-performing borrowers, presumably high profile ones, and the multifaceted governance that applies to all decisions in this regard without exception and so forth. It refers to debt restructuring decisions, presumably in regard to these high profile borrowers. Will Mr. Dukes indicate the volume of debt that has been written down for what are termed high profile borrowers? For people outside the House, in particular the 7,000 or so distressed borrowers, will Mr. Dukes's indicate, in terms of what is sauce for the goose is sauce for the gander, the amount of debt written down for distressed mortgage holders?

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