Oireachtas Joint and Select Committees
Wednesday, 23 June 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Banking Matters: Permanent TSB
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
The FSPO upheld 18 complaints against PTSB last year. There are also 1,200 outstanding mortgage complaints with the ombudsman across the banking sector. Can Mr. Crowley take the time to outline to this committee the current position of PTSB regarding the tracker mortgage examination? I ask him to refer specifically the number of tracker customers and tracker mortgage accounts impacted by the bank's actions, the number of properties, including primary dwellings and buy-to-lets, lost as a result of the bank's actions, the net amount of compensation and redress that has been paid to customers to date and how many outstanding tracker mortgage cases there are with PTSB and the FSPO regarding PTSB. Has PTSB made any further provision for future compensation relating to the tracker mortgage scandal? If so, I ask Mr. Crowley to outline the amount and how many customers are involved.
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