Oireachtas Joint and Select Committees
Thursday, 1 December 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland: Ulster Bank
9:30 am
Pearse Doherty (Donegal, Sinn Fein)
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If the Central Bank had not asked Ulster Bank to review tracker mortgages last year, our guests would be in here today telling us no issue arises in terms of tracker mortgages. The Central Bank has forced it to acknowledge this because of an independent review. It is looking over its shoulder in respect of having treated two thousand of its customers wrongly in that regard. I hope I will have the support of the committee in requesting that the Central Bank carry out a review. Is that something the bank would welcome to bring clarity to this issue?