Oireachtas Joint and Select Committees

Tuesday, 19 June 2018

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

Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank

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1:30 pm

Mr. Paul Stanley:

They had to be heavily in arrears. A full 73% of those loans first entered arrears between seven and nine years ago. They have average missed payments of 43 in that book so they are heavily in arrears. A large portion, although not all of them, are non engaging.

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