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
12:10 pm
Stephen Donnelly (Wicklow, Independent) | Oireachtas source
I am slightly confused about writedowns. The bank's unambiguous position is that there will never be any writedown by the bank outside of a bankruptcy on secured debt. Is that correct?
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