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

Mr. Jim O'Keeffe:

I think all stakeholders involved understand the challenges. From AIB's perspective, as I have outlined, we have recognised our position and the need for us to play a role. We have gone to real lengths to make sure that the project to mobilise that was significant. There are wider issues around the criteria for the houses and the funding available but the numbers, in terms of what we have done to date, are significant. Obviously, we have to do more and are doing that. We are working with other agencies who may be able to take some of those properties.

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