Oireachtas Joint and Select Committees

Thursday, 13 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: AIB

12:20 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I will put my last question and make an observation. A significant amount of the bank's proportion involves legal issues, 40% of which relates to family homes. Also, some 10% of the long-term resolutions relates to voluntary surrender. I see this as a major issue. In regard to the solvency service, how many of the proposals from PIPs did the bank veto and can it explain the rationale for that?

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