Oireachtas Joint and Select Committees
Tuesday, 6 February 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: KBC Bank
4:00 pm
Mr. Wim Verbraeken:
As we said in our public statement in October, we identified 417 mortgage accounts at that stage. With the agreement of the Central Bank we commenced redress and compensation in November. All of these customers were put on the right rate and given full redress and compensation by the end of January. All the remaining 2,500 cases were identified as impacted in December 2017.
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