Oireachtas Joint and Select Committees

Wednesday, 7 November 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Statement of Strategy 2011-2014: Discussion with Department of Finance

2:35 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

My second question relates to the mortgage situation, as raised by my colleague. Last week Bank of Ireland was at best reticent in expressing its view on the restructuring of mortgages. When does Mr. Moran expect the banks to exit the bank guarantee scheme? What are the Department’s plans in that regard in terms of individual banks? What is its perception of the current state of the banks?

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