Oireachtas Joint and Select Committees

Wednesday, 12 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Permanent TSB

3:05 pm

Photo of Thomas ByrneThomas Byrne (Fianna Fail) | Oireachtas source

I had a look at the County Meath record for repossessions in the county registrar’s listings and it is fair to say Permanent TSB is active when it comes to repossessions. Since 13 October, there have been four sittings of the county registrar’s civil list. Permanent TSB accounts for 92 out of the 395 cases listed in which a financial institution is cited as applicant or plaintiff. That comes to approximately 24% of all sittings, which seems very high. I did not raise this with Bank of Ireland when it attended the committee because there seem to be very few cases in Meath in which it is involved. Is there any reason Permanent TSB is outperforming its market share in the repossession courts? Does it have a worse book than its competitors? Is it treating people more harshly? Is this typical in other counties?

Comments

No comments

Log in or join to post a public comment.