Oireachtas Joint and Select Committees
Wednesday, 13 May 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of the Banking Sector in Ireland (Resumed): Permanent TSB
2:00 pm
Mr. Shane O'Sullivan:
Essentially, we will not provide capitalisation unless a customer visits one of our staff members in a branch and completed the standard financial statement. When the situation has been fully assessed, the customer is then trialled for six months in respect of being able to make and being comfortable with repayment. Only then is the capitalisation put in place.
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