Oireachtas Joint and Select Committees
Wednesday, 25 September 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Matters Relating to the Economy: Discussion with Governor of Central Bank
2:30 pm
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
I have a couple of other questions for Professor Honohan arising from his opening remarks. The concession type mortgage provides for a reduction in the interest rate for a determined period and payment of capital and interest at a lower monthly rate. Ulster Bank uses the split mortgage option extensively. Is Professor Honohan indicating this evening that this is an accepted resolution process?
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