Oireachtas Joint and Select Committees

Tuesday, 23 January 2018

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

Tracker Mortgages: Allied Irish Banks

4:00 pm

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

I thank Mr. Byrne for telling us in his own words how the problem arose. Up to now, we have not had a narrative other than that every bank made the same mistake at the same time. Hopefully, by June Mr. Byrne will be back to give us an update of where we are and all customers will have received and cashed their cheque.

Is the average 25% compensation figure Central Bank-led?

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