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
Ms Dara Deering:
Yes, if any loan transfers, then any obligation transfers with it, if that is the Chairman's specific question. The same happened with tracker mortgages. As Mr. Verbraeken said, many of them originated with IIB and are now being dealt with by KBC Bank Ireland. The same would happen for any other commercial loan provided it is in KBC Bank.