Oireachtas Joint and Select Committees

Thursday, 19 October 2017

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

Engagement with the Central Bank of Ireland

9:30 am

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

I am not looking for the methodology. I am looking for the conclusions. The Central Bank has assessed, under the different scenarios, what the likely loan default rate would be in respect of UK mortgages for Irish financial institutions. What type of rate are we looking at? Potentially, how many accounts could go into default under the three different scenarios?

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