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
2:45 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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I want to stick with the figure of 1,060. The only service or solution these debtors received from the bank was arrears capitalisation because they were not offered a split mortgage term extension or an interest write-down. This means that their personal circumstances had changed such that they could deal with the mortgage, plus the arrears they had built up.