Oireachtas Joint and Select Committees

Wednesday, 31 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of AIB: Discussion

2:35 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

One of the criteria is that the bank must realise the real value of the property. It seems to be the case that the sub-prime lenders know the real value of the property, but it is the accusation that AIB does not. Has AIB completed one mortgage to rent model yet?

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