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
5:05 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
On the overall picture, the figures provided for mortgage resolutions were percentages of mortgage accounts. We heard a figure of 11.6%. Can we have numbers? I am trying to make rough calculations on the basis of the information provided. If, as I believe I heard Mr. Duffy state, AIB made 12,500 offers of solutions and this amounts to 27% of the relevant mortgages, can we conclude that approximately 50,000 AIB mortgage accounts are in distress?
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