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

Given it is now 2018 and that KBC still has 2,000 customers who have not even been put back onto their proper tracker rates, what does Mr. Verbraeken have to say to those individuals who went to the bank to assert their legal right to their tracker rates and who were shot down by the bank and failed by the Financial Services Ombudsman? What does Mr. Verbraeken have to say to them in respect of these eight years? He speaks about practices and more information but these customers knew the bank was doing wrong; they brought the issue to its attention and the bank closed ranks.

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