Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I will put the question in a simple way. The Joint Committee on Finance, Public Expenditure and Reform will have the bankers in again after the end of this year and will ask them how they have reached the 15% target of concluded arrangements to the end of this year. If they say to us that 10% of the figure is made up of repossessions of buy-to-let properties and family homes, is that allowable under the targets issued by the Central Bank and the Government in terms of the 15% target for the end of the year and the 25% target in quarter one of 2014? The statement that was made by the Central Bank contains one paragraph. It is important that we know whether it is possible for the banks to factor in repossessions as part, a bulk or the majority of the targets they are being asked to meet in terms of concluded arrangements.

See this speech in context