Oireachtas Joint and Select Committees

Tuesday, 10 July 2018

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

Matters Relating to the Banking Sector: KBC Bank

2:00 pm

Mr. Wim Verbraeken:

As the historical mortgage lending occurred in IIB Homeloans, any errors or failures of the bank in rate administration would have occurred in these entities. The loans now reside with KBC Bank Ireland plc, which is why all these loans are captured in the tracker mortgage examination, for instance.

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