Oireachtas Joint and Select Committees

Wednesday, 9 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB

12:00 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

I thank the witnesses from Permanent TSB. I concur with the sentiments of members that a good body of work has been done since we last met. It is a difficult journey and dealing with this crisis is like trying to unravel a ball of knots. Pulling at one side tightens up the other side and creates difficulty. I welcome the acknowledgement of the deep learning curve, as exists for all of us. I welcome the remarks referring to giving regard to other resolution processes that were not in the Keane report and that are evolving now. I welcome the openness to other types of thinking in that area. I thank the witnesses, Mr. O'Sullivan, Mr. Groarke, Mr. Mitchell and Mr. Masding, for attending.

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