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. Brendan Mahon:

The lender does not execute the repossession; it is done by the sheriff or the county registrar. The county registrar and the sheriff will arrange to provide whatever support is needed on the day such as that of locksmiths. When the property is vacant, it is handed to the bank and we will sign for it. At that point we will provide our own security team to secure the property but also to arrange for the previous occupants to take their belongings, if they wish, or to have them taken away. That is why we have a security team in place.

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