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

3:15 pm

Photo of Paul MurphyPaul Murphy (Dublin South West, Socialist Party) | Oireachtas source

In Question No. 24, members asked what proportion of the bank's existing mortgage holders would not have qualified for a mortgage under the proposed new Central Bank mortgage deposit and loan-to-earnings ratios. In its answer to Question No. 24, the bank referred members to its answer to Question No. 25. However, the bank's answer to Question No. 25 does not answer the question. If, for example, the 20% ratio was introduced, what percentage of the bank's mortgages would qualify?

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