Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland

2:00 pm

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

Mortgage to rent appears to be the big failure in the whole process. Allied Irish Bank appeared before the committee last week, at which time its representatives indicated that zero mortgage to rent cases have been concluded by that bank. I note from Bank of Ireland's results that it has completed five cases. Where does the problem lie and how can it be fixed?

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