Oireachtas Joint and Select Committees

Tuesday, 15 April 2014

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB

3:00 pm

Mr. Andrew Blair:

In the context of the question about write-downs, we treat these customers in the same way as people on the mortgage side. We manage the customer through the process and only in circumstances where we go through to the resolution of all assets, where there are no further assets available, that we consider a write-down. This is consistent with what we do on the mortgage side.