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
Kieran 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.
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