Oireachtas Joint and Select Committees

Wednesday, 8 December 2021

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

Withdrawal from Irish Banking Market: Engagement with Ulster Bank

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Is there any way the witnesses can elaborate further? People will be sitting at home wondering whether a vulture fund will buy the tracker mortgage book or if it will go to one of the mainstream banks. Are there any assurances the witnesses can give on this matter? Maybe they cannot name who they are in discussions with, but is it a high-street retail entity or a vulture fund?

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