Oireachtas Joint and Select Committees

Wednesday, 20 September 2023

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

Banking Issues: Central Bank

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source

On the vulture funds, I want to try to get a figure. One of the most useful things that can be done by the Central Bank and by the banks to help in that situation is to bring back those mortgages from the vulture funds to the retail banks. The witnesses can correct me if I am wrong, but in March 2023, some 22,000 of those that were transferred were never in financial difficulty. Is it true that 22,000 of those that were transferred from the retail banks to the vulture funds were never in financial difficulty?

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