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
10:25 am
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
We are dealing with three sets of figures. As the figures have not been presented on paper to committee members, it is very difficult to follow this. The requirement under the Central Bank and the Government's proposal was in respect of a target for accounts in arrears over 90 days - Mr. Boucher has given that figure as 11,774 - whereby 20% of them were to have long-term sustainable offers made to them. That is the breakdown we need. Mr. Boucher is talking about the position in July, but the first point of consideration for this committee is the period April, May and June, the quarter in which, under the Central Bank's rules, the bank was obliged to have made offers to 20%. We must concentrate on these figures first and then get clarity on the breakdown.
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