Oireachtas Joint and Select Committees

Thursday, 28 September 2017

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

Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank

9:45 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Cuirim fáilte roimh an tUasal Masding. I thank him for his attendance and for his passion on behalf of the bank and the State obviously because we own the bank. In his opening statement he did not mention the tracker mortgage scandal. Permanent TSB was the bank that took customers through the Financial Services Ombudsman to the Supreme Court. It unleashed this issue and brought it to the public attention. We need to thank the arrogance of the bank in doing that because now we know that 15,000 people were caught in this scandal. What progress has the bank made in addressing the tracker mortgage customers?

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