Oireachtas Joint and Select Committees

Tuesday, 30 January 2018

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

Tracker Mortgages: Bank of Ireland

7:10 pm

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

-----and a number of other cases. I am saying all of this here at this committee not because I want someone to be treated differently, but because I want the weakest in the group to feel that they are as good as the strongest within the group and that their cases will be heard as quickly and as efficiently as the cases of others. That is why I am raising these cases. It is a test, just as it is in the cases of the other banks. I really do not believe half of what they are telling this committee. I think the Irish public feels exactly the same way. The people just do not believe the banks. From the correspondence I have received, I have enough grounds not to believe all of what the banks are saying. The jury is still out. We will see how they perform. The point that has been made about tracker mortgages in a residential sense can also be made in a commercial sense. Would it be correct to say that the bank is continuing to ignore the cases that have been made to it regarding tracker-type mortgages in a commercial sense?

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