Oireachtas Joint and Select Committees

Thursday, 5 July 2018

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

Banking Sector in Ireland (Resumed): Bank of Ireland

9:30 am

Mr. Gavin Kelly:

I touched on this issue. We sit down with each developer who approaches us. We will fund up to 60% of the cost of a development, depending on the site involved, and the developer will source funds elsewhere to fund the remaining 40%.

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