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

I welcome the write-off announcements in terms of buy-to-let. We focus on the negative here, but there are positives in the bank, and I acknowledge this, with regard to writing off residual debt in buy-to-let. The banks need to get real and get to an end line on the problems in terms of residual debt. How many individuals does the bank expect to take up this offer? How many have taken it up to date? Why is it not available with regard to principal dwelling homes? Is the bank in any way minded to replicate what AIB has just done with David Hall's organisation regarding the rental scheme, with the residual debt being written off?

Comments

No comments

Log in or join to post a public comment.