Oireachtas Joint and Select Committees
Thursday, 5 September 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Financial Sector: Discussion with Permanent TSB
11:40 am
Thomas Byrne (Fianna Fail) | Oireachtas source
To clarify, the Central Bank return is in respect of the target the Government and the Minister for Finance, Deputy Michael Noonan, set for the bank. The bank has exceeded that target and, in doing so, it has asked 36% of the 6,650 to leave their home or they are subject to legal proceedings to leave their home. By doing that, the bank is doing better than the Government asked it to do, as it has exceeded the target set by the Government. This gets to the point. The banks are doing what they are told to do by the Government. They are getting away with it and we are criticising the banks when the real target-----
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