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
12:15 pm
Stephen Donnelly (Wicklow, Independent) | Oireachtas source
I appreciate that. There is another 10% - this is now 90% of all restructures - which involve recapitalisation of arrears. Would Mr. Boucher agree that when that is fully paid down, the total amount paid by the household to the bank is higher than the total amount envisaged when the mortgage was taken out.
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