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

I ask the question because, in the reply to us, the bank stated it was reviewing the High Court ruling and the implication for the group's existing split mortgage. The bank states that the case confirmed that the split mortgage was a legitimate alternative when considering a solution. Has the bank written to those customers who were aware of the High Court case to clarify that its offer of the split mortgage stands? If so, has it received a response from that customer base, taking up the offer of a split mortgage?

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