Oireachtas Joint and Select Committees

Wednesday, 4 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with Ulster Bank

2:35 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

No. My point is it is ironic that he worked in the mortgage arrears section. His contract is not being renewed and now he cannot pay his mortgage, which is with Ulster Bank. Mr. Brown mentioned earlier that a holistic approach must be taken in this regard. The bank itself must consider some of these cases.

I refer to Priory Hall and a question members have asked of the other banks. Does the bank have tenants or customers who own property in Priory Hall? Is the bank seeking to add individual solutions? AIB in particular suggested it wished to find individual solutions and it has engaged with its customers.

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