Oireachtas Joint and Select Committees

Tuesday, 21 May 2019

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

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

Mr. Peter Roebben:

The court makes a decision and the registrar is in charge of executing it. We work with an Irish asset management firm to manage all properties that are repossessed. That asset management firm can, if it sees a requirement, engage a security firm for the dwelling. If the firm is appointed by the sheriff, I guess the cost would still be carried by KBC Bank, I do not know.

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