Oireachtas Joint and Select Committees

Thursday, 24 October 2019

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

Tracker Mortgages Report: Central Bank of Ireland

Ms GrĂ¡inne McEvoy:

On the individual cases we referred to, which resulted in €47 million being compensated to 7,100 customers, I do not know the specific date for when it was initially launched. It was apparent, however, after that ruling that this was an issue of a very wide and systemic nature and the framework was introduced in 2015 to yield results in the region of €690 million for 40,000 customers.

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