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

12:00 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

Ulster Bank's representatives did not say that to the committee. Ulster Bank has 14,000 mortgages, compared to Bank of Ireland's 11,000, and it has initiated 1,700 legal proceedings. Again, Bank of Ireland's has initiated more than twice as many legal proceedings relative to the number of mortgages under consideration.

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