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

I welcome Mr. Stanley and his colleagues to the meeting. I thank them for completing the very detailed questionnaire in advance.

I shall start with the tracker mortgage issue. Overall it seems that progress in resolving the issues has been painfully slow. A total of 5,500 Ulster Bank customers were impacted in different ways and 2,500 cases have now been remediated. Is that correct?

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