Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of the Banking Sector: Central Bank of Ireland
2:00 pm
Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source
If I were to look at a bank's balance sheet and consider the amount of persons in negative equity, that would obviously impact on the cost of funds for that bank and the perceived liabilities on the balance sheet. These liabilities can be repaired by increasing the values of homes which it is quite possible for them to do. Supply and demand are the kernel of the problem.
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