Oireachtas Joint and Select Committees

Tuesday, 10 July 2018

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

Matters Relating to the Banking Sector: KBC Bank

2:00 pm

Mr. Brendan Mahon:

It tends to be where borrowers have not engaged and we are left with no option but to go down the legal route. We are still open to that engagement. This year, we managed to get borrower re-engagement in 30% of cases that were in the court process and we have looked to take them out of the court process to see what we can do with them.