Oireachtas Joint and Select Committees

Wednesday, 23 June 2021

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

General Banking Matters: Permanent TSB

Mr. Eamonn Crowley:

Regarding customers who have encountered difficulties due to the Covid pandemic, our main area is the mortgage area. We have about 1,000 customers who have required additional support post the Covid payment break and we are working closely with those customers; in fact we are in contact every three months. We provided all those customers with a nine-month additional support to see how they would actually progress through the opening of the economy. On the business side of our support we have a number of customers but it is actually at a very low level given our exposure to the business side is not that great. That gives the Deputy the numbers and indeed our approach to supporting those customers.