Oireachtas Joint and Select Committees

Wednesday, 30 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland

1:15 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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Before I pass on to Deputy Michael McGrath, I must say that what Professor Honohan has done this afternoon is clear up something necessary, that is, that ambiguity with regard to a resolution process for that particular coterie of borrower I mentioned. Would it be too bold of me to ask the Central Bank to issue a statement along those lines so that it gets formalised, that it is not merely on the record of the committee and that it is something the banks note?