Oireachtas Joint and Select Committees
Wednesday, 24 November 2021
Committee on Budgetary Oversight
Inflation: Discussion (resumed)
Mr. Gabriel Makhlouf:
Certainly. I was not announcing any new departure at all. I said two things. What I said was lenders have the flexibility to lend above the restrictions because of the allowance system that we have. Lenders need to make decisions based partly on their own assessment of risk or their own credit risk policies. There is nothing preventing them from considering the potential borrowers track record in making that decision.