Oireachtas Joint and Select Committees
Thursday, 1 November 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Discussion with Bank of Ireland
12:30 pm
Stephen Donnelly (Wicklow, Independent) | Oireachtas source
In the context of the figure of €4.3 billion provided by the bank and sticking with our example of a loan of €500,000 on a property with a market value of €300,000, am I right in saying there is a risk assessment of the ability to repay and the declared negative equity is adjusted accordingly?
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