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

Mr. Paul Stanley:

As I said earlier, we expect that completing that is a number of weeks away. Once we conclude the process with the Central Bank, as I said in response to Senator Horkan, we will communicate with all impacted customers within a month. To be clear, this will involve communicating with them, it will not involve sending out individual cheques for any residual customers. We still have to work through the complications of that process.

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