Oireachtas Joint and Select Committees

Tuesday, 19 June 2018

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

Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank

1:30 pm

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

Private dwelling house accounts appear to be valued at approximately €250,000 each and the buy-to-let accounts at approximately €241,000 each. There is a slight difference in Mr. Stanley's description. One is that 73% of accounts first entered arrears between seven and nine years ago, and the other is that 75% have been in arrears for more than 12 months. I am not sure why different terminology is used for one rather than the other.

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