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Results 1-3 of 3 for 5 million segment:7019500

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Mr. Paul Stanley: I will need to give the Senator the proper breakdown later, but the payments made to customers by way of cheque as part of that €23 million account for approximately €18 million. The other €5 million is balance adjustments and reverting imbalances.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Mr. Paul Stanley: It is €23 million in total. Cheques sent to customers account for €18 million and reducing the balances they owe the bank account for another €5 million.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: Is €18 million the figure for redress and €5 million the figure for compensation?

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