Oireachtas Joint and Select Committees
Wednesday, 5 November 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Banking Sector: Bank of Ireland
2:45 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
The bank did not do anything for these categories. In real terms, it did not offer them a solution, save for saying it would bundle all their arrears into the mortgage when it found out they were able to deal with their debt. The other 1,300 were able to deal with the matter themselves. The figure is very low in terms of the products or services the bank provided for individuals in mortgage distress.
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