Oireachtas Joint and Select Committees

Wednesday, 5 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Bank of Ireland

2:25 pm

Mr. Richie Boucher:

The bank's policy is to ensure that secured mortgage debt is prioritised and to maximise recovery. That has not changed. This consistency of policy has ensured that our defaults are half the industry average. Our defaults are decreasing and we are-----