Oireachtas Joint and Select Committees
Wednesday, 27 September 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Banking Issues: Discussion
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
In my county, there are over 5,000 people who commute across the Border daily and nearly three quarters of them, according to the CSO, are doing that for work. Therefore, there are thousands of people for whom Permanent TSB has decided it will not provide mortgage lending, despite the fact it was rescued by some of those very same people. Before I come back to Permanent TSB, is it the same situation with AIB and Bank of Ireland? If it is not, can they let us know what penalties they impose in regard to sterling income in the calculations for mortgages? This is a huge issue in the context of being able to afford a house and all the rest. Does Bank of Ireland provide lending to people with sterling income?
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