Oireachtas Joint and Select Committees

Thursday, 9 May 2019

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

Matters Relating to the Banking Sector (Resumed): Ulster Bank

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Is there a reason for that? Ulster Bank has not received support from this State. Other banks in which we have a shareholding tell the Housing Agency, given the crisis in housing, that they have 600 houses, for example, in particular locations and ask the agency to express an interest in the housing. Is there a policy decision to go straight to the market where the bank would get a better price? Why has the bank not engaged with the Housing Agency? When the bank sells, does it do so with a requirement for vacant possession?

Comments

No comments

Log in or join to post a public comment.