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
Professor Philip Lane:
There would be more going out than going in but the there is a very large number of borrowers who are a long way past due and also not engaging with their banks. In that circumstance there is probably no outcome other than progressing through the legal system, which takes a long time in Ireland.
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