Oireachtas Joint and Select Committees

Wednesday, 31 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of AIB: Discussion

2:05 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

The very fact the bank is engaging with investors at a time when the number of people with distressed mortgages is rising would suggest to me that it cannot give an investor a true picture unless it is talking about the margins it will implement on mortgages. Will there be some forgiveness in regard to the mortgages of people who were loaned money in the most negligent format?

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