Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

All the banks have provisioned for losses in respect of those who are more than two years in arrears. One cannot apply a high variable rate to new or existing customers to try to claw back money that has already been provided for the banks. In fact, the banks are taking some of this money back onto their books because circumstances have changed and improved. As such, the argument made on this issue does not stack up. The only argument that could stack up is in respect of the uncertainty about the length of time involved in securing repossession, an issue Mr. Sibley has repeatedly raised.