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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017): Pearse Doherty: The IBRC was within scope as it had a large number of tracker mortgages. Does the Central Bank have any information on the matter?
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017): Mr. Ed Sibley: To be clear, there is a small matter. That does not mean that the issue is not there but there is a small number of trackers within the IBRC from the Irish Nationwide Building Society, INBS. The IBRC did a lot of other things, but what the IBRC did not do a lot of was tracker mortgages.
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017): Mr. Ed Sibley: This is a different territory from all of the others. We are in a liquidation scenario so they will be unsecured creditors within that liquidation. It is a different case for the IBRC.

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