Oireachtas Joint and Select Committees

Tuesday, 4 April 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector: Quarterly Engagement with Central Bank of Ireland

10:00 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Will the Central Bank encourage the banks to publish who are the consumer voices on the steering group and make them accessible to their customers?

On the 15 institutions which are part of the review, there are 29,000 cases which are being reviewed by IBRC. It does not know how many people will be affected. Is IBRC behind the curve with its review? Will it get additional time or leeway as a result? What is the impact of loans sold on by the banks to so-called vulture funds? How will the review take place given the institution would no longer hold the loans?

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