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
12:35 pm
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
The last time that Allied Irish Banks and all the banks appeared before the committee, there was an issue of contention as to how the target figure was reached because it involved a number of letters going out. As we have moved on from that, the question is how many people are in resolutions. The issue of consistency in resolutions is confused with similarity and the idea that people get the same solution regardless of their ability to pay. Is Allied Irish Banks in a position, given that it is 100% owned by the State, to provide different types of approach compared to the other banks that are regulated by the Central Bank? Does it find it has more space to do things?
No comments