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

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

When the customer gets a letter saying they are back on the correct rate, will there be a redress and compensation element, as in the bank telling them how much it will be offering them in redress and compensation, or will it be in a subsequent letter? If it is a subsequent letter, will they go out in a batch in June? Can KBC give the committee any targets as to what it is planning to hit in March, April, May and June?

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