Oireachtas Joint and Select Committees

Tuesday, 3 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with AIB

4:10 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I will move on because I am conscious of the time. Option K in the code of conduct has not been referred to. Option K is reducing the principal sum to a specific amount - a debt write-down. It is an option but Mr. Duffy did not mention it in his presentation. He did mention it as a result of questions. In respect of the figures he provided for quarter two, it did not appear. Did option K arise in figure of 8,600 offers? Were any debt write-downs offered and how many customers were involved?

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