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

3:55 pm

Mr. Richie Boucher:

We see a credit register as being very important. It is a hindrance at the moment because unsecured credit is not verified. In the other countries we operate in, and in most countries in the world, there is a credit register, where the providers of credit are registered so that people know. It would certainly assist our underwriting process. In particular, it might assist with challenge credit management.