Oireachtas Joint and Select Committees

Wednesday, 14 February 2024

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

Engagement with the Central Bank of Ireland

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

I thank Ms Rowland. That is what I wanted to know. There is also the matter of keeping the banks under control because obviously profit maximisation is their aim and we see the projections for the banks while we see many vulnerable customers as well, which Ms Rowland referred to in her statement. I want to ask her about the mortgages that have been transferred from the vulture funds back to the banks. How many have been transferred back at this point? I am talking about this in line with what the Minister for Finance said. He said he would like to see mortgages held by vulture funds returned to the traditional banks. Have there been any changes there and how many have been?

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