Oireachtas Joint and Select Committees

Thursday, 10 May 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector: Quarterly Engagement with the Central Bank of Ireland

9:30 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

It can make a policy decision as an entity that it does not offer all of the common most possible restructuring options. Therefore, the consumer is seriously disadvantaged if his or her loan happens to with a loan owner that just does not do those options. That is the reality if one's loan is with a vulture fund.

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