Oireachtas Joint and Select Committees

Wednesday, 30 June 2021

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

General Banking Matters: AIB

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

The mortgage to rent has a 25 year lease. I encourage the bank to look beyond these organisations. In these cases the bank is going in the right direction and I compliment it for doing so. With a little bit more scrutiny of the system and how it works the bank might find an even better solution. This is not being critical of the solutions it has found already. There are other options available. Should the bank be offloading mortgages in future it might consider greater in-depth commentary on this.

Generally in terms of the bank and the Government's stake in the bank, what is Dr. Hunt's view on this for the future?

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