Oireachtas Joint and Select Committees

Wednesday, 9 November 2016

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2016: Committee Stage

10:00 am

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

When the officials engaged with the financial institutions that we either own or in which we have a substantial stake, did any of them mention a fact the Governor pointed out after the Minister published the scheme, namely, that the average loan-to-value ratio rate on which they are granting mortgages is below the loan-to-value ratio of 80%?

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