Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Absolutely. Mr. Trethowan's office does some very good work. The various reports it has issued have helped to provide a better understanding of the issue of credit and the various factors that are at play in respect of it. The number of appeals the office receives remains disappointingly low. Given the fact that well over 50% of the appeals Mr. Trethowan considers are upheld and that he recommends that the banks' original decisions in such cases be reversed, is this not conclusive proof that the banks are getting it wrong in many instances and are not really meeting the needs of the economy? Of course, I refer here only to the cases that come before Mr. Trethowan. In over half of these he finds that the banks got matters wrong.