Oireachtas Joint and Select Committees

Tuesday, 29 May 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Resolution of Non-Performing Loans: Discussion (Resumed)

4:00 pm

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein)
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Therein lies the problem: an increase in interest rates could put people who have loans in a difficult situation again and the loans will go from performing to non-performing. As a committee we need to look ahead at what may happen and what restrictions will then be in place because of this directive.