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 not healthy for the market that funds are so dominant in the financing of house building. I have seen many developers. It is generally felt that only a handful are being funded by banks. Does Ms McDonagh regard the 40% equity figure that her bank is seeking as conservative? She has not been able to give details about the level of refusals. Has Bank of Ireland a targeted level of residential unit building for 2018? The 3,000 figure is low.

Comments

No comments

Log in or join to post a public comment.