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

11:50 am

Photo of Kevin HumphreysKevin Humphreys (Dublin South East, Labour) | Oireachtas source

I want to stick with this issue because I do not see any benefit to the bank in acting in this manner and exercising that veto. It is not good for the customer or the bank. Could Mr. Boucher explain the logic to me and explain where there is a better financial outcome for the bank when it exercises that veto?

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