Oireachtas Joint and Select Committees
Thursday, 1 February 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: Ulster Bank
9:00 am
Ms Elizabeth Arnett:
By way of clarification, in looking at the policy decision around whether a customer is impacted, we did not look at how many customers might be contained within a group such that whether the number is two or 200,000, we would not know at this point because that is not relevant. Whether a customer is part of a large or a small group should not determine or influence whether we deem that person impacted. That is the methodology we have used in looking at these policy decisions. We look at the principle of the issue first to determine impact and then we look to see what are the numbers associated with that group of customers.
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