Oireachtas Joint and Select Committees

Thursday, 10 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland

11:10 am

Photo of Liam TwomeyLiam Twomey (Wexford, Fine Gael) | Oireachtas source

The bank could still maximise its commercial mandate and tell the committee that it is making significant write-downs on bad loans. That does not interfere. It is happening out there. What is the big hang-up in telling the committee how much the bank has written off against home mortgages, SMEs, SMEs involved in property and others?

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