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

3:05 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

When the bank works with the borrower to determine the amount he or she can pay if a mortgage is unsustainable, does it have guidelines? AIB based its calculations on the ISI minimum requirements plus approximately 20%. What is Ulster Bank's approach to determining what a family should be left with?

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