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

Photo of Paddy BurkePaddy Burke (Fine Gael) | Oireachtas source

What about non-performing loans? Some tracker loans could be non-performing. How are they dealt with if there is no hope for some of them? A vice president of the European Commission, Commissioner Valdis Dombrovskis, gave evidence to the committee this morning that it is advocating write-downs to the banks.

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