Oireachtas Joint and Select Committees

Tuesday, 16 January 2018

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

Tracker Mortgages: Discussion

2:00 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

When I have engaged on this matter with the banks, I have met individuals who are charged with those kind of duties in the banks where their job is to speak up for the consumer and to speak up in those instances where there is a tension between the right thing to do in the short term and the right thing to do in the long term. I have met individuals who are doing that work in the banks already. I met some of them in the context of the meetings that I had there last November. I am open to looking at this issue properly this year because the piece of work that we have under way with the Central Bank looking at the culture of the banks will result in recommendations and this is a matter we can look at in that light.

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