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

I acknowledge the workbench space initiative. It is excellent. I have been to the one in Cork. It is a really good initiative. The enterprise weeks are one of the bank's real strengths and should be acknowledged.

On the lending to construction and development, in particular for residential, I know it is allocated on a case-by-case basis but, typically, what percentage of the development costs can be provided by way of debt by Bank of Ireland?

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