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

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

In correspondence from the Bank of Ireland it states that it completed phase 2 of the four-phase Central Bank tracker mortgage examination, on schedule, on 13 September 2016. It said that no timelines had been provided to complete phases 3 and 4. What is phase 3, what is phase 4 and why have no timelines been given to the banks?

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