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

2:55 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour)
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I would think that it is the reset button when Bank of Ireland is telling people that it will restructure. As a former banker, I would say the bank is starting to deal with the customer from scratch again. Earlier Mr. Boucher said that the bank needed to hit 98% accuracy in mortgage lending in order to fulfil its requirements to break even.