Oireachtas Joint and Select Committees

Wednesday, 26 February 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Sale of IBRC Mortgage Loan Book: Discussion

3:00 pm

Mr. Kieran Wallace:

I do not know the specifics of that case but I understand the individual's concerns. The restructuring agreements with IBRC that I have seen certainly extend beyond one year. Many of them extend to three years, five years or longer. It is certainly not the norm in the restructuring agreements I have seen.