Oireachtas Joint and Select Committees

Tuesday, 22 November 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Permanent TSB

2:00 pm

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

Has that bank engaged with the State? I presume that many of these properties are located around Dublin. Permanent TSB is not unique. Bank of Ireland and AIB have properties as well. Indeed, the banks in which the State has substantial shareholdings have vacant properties and they are doing nothing with them. We have a homeless crisis and people are being accommodated in hotels by local authorities and so on. Has Permanent TSB engaged with the State to inform those responsible that the State owns the bank and the bank has 441 houses that are lying empty? Perhaps that could represent something of a solution to help to alleviate the homelessness and housing crisis in the capital. What has the response from the Department been if the bank has had such an engagement with it?

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