Ciarán Lynch (Cork South Central, Labour)
Link to this: Individually | In context | Oireachtas source

Have discussions taken place with the pillar banks in the context of this being an agreed resolution? I am aware that the banks are obliged to engage with the Central Bank on any new models they bring forward if they contribute to the number of solutions falling within the target figure. This is what Ulster Bank was obliged to do when it drew up plans to introduce concessionary mortgages. Has that to which I refer also been discussed with the banks - in the context of falling within the target figure - as being a sustainable, long-term solution?