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

Mr. Richie Boucher:

We would consider it as being category secured. The basis on which we provided the loan was that it was a secured mortgage over 25 years at a relatively low interest rate.

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