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 John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

On the sale of the loans and the future sales the witnesses will talk about, if there was an ethical fund, not a vulture fund but a not-for-profit organisation that was willing to engage with the bank to have those bad loans or mortgages transferred to it to keep people in their homes, would Ulster Bank Ireland exercise a preference to deal with those rather than with the vulture funds?

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