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

4:05 pm

Mr. Richie Boucher:

In that case our loan-to-value ratios, LTVs, and income multiples would reduce and the rates would go up because it is a very significant change in the risk profile. That is off the top of my head but my gut feeling is that is what would happen.