Oireachtas Joint and Select Committees
Tuesday, 4 April 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector: Quarterly Engagement with Central Bank of Ireland
10:00 am
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
I welcome the Governor of the Central Bank, Professor Lane, and his colleagues. I thank him for his opening statement and acknowledge the update issued by the Central Bank on the examination of tracker mortgages. While it did not answer every question, it went a long way. On customers being denied their contractual rights, does Professor Lane believe the practice was systemic and widespread across the banking system?
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