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:

I thank the Deputy. He mentioned that he heard my response to Deputy Mairéad Farrell. That response centred around the fact that at an industry level, there is an engagement through the Banking and Payments Federation of Ireland, BPFI, with the Department of Housing, Local Government and Heritage around the scheme that will be put in place. We understand that scheme may change but, as I understand it from the BPFI, we are not aware of the details. There is absolute acceptance that PTSB must play its part by supporting customers who, for reasons beyond their own control and creation, have been affected by this issue. We have experience of cases where customers were partially or fully impacted by the pyrite issue. We moved to support those customers directly.

I also mentioned that we are engaging with some customers on their position, particularly through our Letterkenny branch. I am not aware of any customers who have been exposed to mica by way of their classification but I can come back to the Deputy on that point. If he wants, I can engage directly with him on any impacted customers in his constituency or elsewhere. I would be happy to do that.