Oireachtas Joint and Select Committees

Thursday, 21 September 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Bank of Ireland

9:30 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

Does Mr. McLoughlin think that there might be a need in the future for some form of an ethical fund which would handle the really hard cases over a longer period? It would buy them from the bank and then extend the periods out from when the loans were bought rather than having to involve vulture funds at all. Is there a space for that?

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