Oireachtas Joint and Select Committees

Wednesday, 12 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Permanent TSB

3:55 pm

Mr. Shane O'Sullivan:

We did discuss this as part of the mortgage arrears resolution strategy and targets process. The Central Bank has its own views on writing off debt at the end of the process. It is encouraged by our approach and is supportive. This is a decision we made ourselves and we are happy with how it is progressing.