Oireachtas Joint and Select Committees
Wednesday, 4 September 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Financial Sector: Discussion with Bank of Ireland
11:55 am
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
This made the headlines yesterday - CEO of AIB said 20% were strategic defaulters under his definition. I do not want to use the term "strategic defaulters" but what he basically said is that when the financial statements are analysed, they believe that 20% can pay their mortgages. Bank of Ireland's figure for that, after analysing the statement, is 10%. Would that be correct?
No comments