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

3:25 pm

Photo of Paul MurphyPaul Murphy (Dublin South West, Socialist Party)
Link to this: Individually | In context | Oireachtas source

What does Bank of Ireland do to protect people to ensure they are not thrown out of their homes? There are two elements to this. First, there are repossessions of owner-occupied properties and, second, there are repossessions of buy-to-let properties, in respect of which the ratio is significantly higher than the former. I refer to the example of the Coyne family whose landlord, I accept, was not a Bank of Ireland customer. However, tenants are being thrown out of their homes because they are being repossessed by the banks.