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

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

It is generally agreed that we need to be building approximately 30,000 housing units per annum. The 3,000 figure is 10% of that demand, yet Bank of Ireland is saying that it accounts for 50% of all new lending. Is it fair or unfair to say that that seems to be a relatively low level of lending for the building of houses at a time when we have a major supply issue?

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