Oireachtas Joint and Select Committees
Thursday, 8 March 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: Mr. Padraic Kissane
9:30 am
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
To clarify a matter Senator O'Donnell raised about Danske Bank, we got a reply from Danske Bank on 12 January and I will ask the clerk to circulate it to members again. The bank's reply to the questions we asked states the total number of accounts and customers identified by the bank as impacted at the end of the fourth quarter of 2017 was 79 accounts and 78 customers. It also states the number of cases arising as a result of customers with tracker products was 18, and the number of customers denied the correct margin was 60. It also states redress and compensation payments have been made to ten customers as of 10 January 2018. It would appear it has identified its numbers and has dealt with them.
We can circulate it to members and then consider whether or not to pursue their appearance.
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