Oireachtas Joint and Select Committees

Wednesday, 18 May 2022

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

Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I am making a general comment on the matter. The borrower has put it down on paper and asked a question that has already been pursued by Deputy Tóibín. The borrower is willing to do his or her best but will not be able to maintain the full debt, for whatever reason. The debt has been sold, probably at a discount, and, because of that, the borrower is asking for sympathetic consideration.

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