Oireachtas Joint and Select Committees
Tuesday, 20 December 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland: Central Bank of Ireland
11:00 am
Mr. Ed Sibley:
There would be flows in and out. As arrears age it is possible they would move. As the Governor has described, if the borrower is 360 days past due one year ago and has not paid anything then the case would go into the 720 days. There are also borrowers who are coming out through engaging, but a large cohort of those borrowers-----
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