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
1:25 pm
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
I want the bank to clarify a point following what Deputy Pearse Doherty said. AIB appeared before us yesterday and referred to the number of customers in default for 90 days or more. To clarify, 90 refers to 90 days in arrears rather than 90 calendar days. It is the sum of 90 days. Someone might accrue 90 days of arrears over 18 months.
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