Oireachtas Joint and Select Committees

Tuesday, 8 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Ulster Bank

3:50 pm

Mr. Stephen Bell:

The figure has reduced further. I cannot share the figure for the end of March because we are in a closed period but it has continued to reduce. I can tell the Deputy that it was 16,247 at the end of March 2013, so it has fallen by about 2,016. Our best estimate, without giving anything away that we should not say, is that it will be down to somewhere in the mid-13,000s at the end of March.

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