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
1:15 pm
Mr. David Duffy:
The outcome is that as we evolve, we see we have to do the full reconciliation but that is coming down.
In response to the Deputy’s other point, early arrears and pre-arrears are down very significantly. We have a very highly specialised capability where it has dropped between 30% and 60% in each category in the past six months.
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