Finance Committee to hear from customers affected by Tracker Mortgage issue

The Committee on Finance, Public Expenditure and Reform, and Taoiseach will meet tomorrow at 9.30am in Committee Room 2, Leinster House.

11 October 2017

The agenda for the meeting is as follows:

Session A: 9.30 a.m. [Mr. Padraic Kissane, Financial Advisor and customers affected by the Tracker Mortgage issue]

Session B: 10.45 a.m. [Mr. Harald Felzen, European Project Manager, Savings Banks Foundation for International Cooperation, SBFIC and Mr. Seamus Boland, Chief Executive Officer, Irish Rural Link]

Committee Chairman, John McGuinness TD, says, “The Tracker Mortgage scandal continues to impact on bank customers and tomorrow the Committee will hear directly from customers whose lives have been severely affected.  Financial Advisor and customer advocate, Mr. Padraic Kissane will also brief the Committee on his work representing customers and challenging the lenders.”

"In addition, rural communities are still feeling the impact of the economic downturn and are particularly vulnerable to changing banking models including branch closures. The Committee will engage with representatives from German Bank, Sparkasse and Irish Rural Link to explore constructive measures that could be taken to counteract the impact these policies are having on rural communities”.

Committee proceedings can be viewed live here

Committee proceedings can also be viewed on the move, through the Houses of the Oireachtas Smartphone App, available for Apple and Android devices.

ENDS/

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Nuala Walsh,
Press & Communications Officer,
Communications Unit,
Houses of the Oireachtas,
Leinster House,
Dublin 2.
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Email: Nuala.Walsh@Oireachtas.ie
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Committee Membership:

Chairman: John McGuinness TD (Fianna Fail)

Vice-Chairman: Senator Gerry Horkan (Fianna Fáil)

Deputies:

Peter Burke (Fine Gael);
Michael D’Arcy (Fine Gael);
Pearse Doherty (Sinn Féin);
Michael McGrath (Fianna Fail);
Paul Murphy (AAA);
Seán Sherlock (Labour)

Senators:

Paddy Burke (Fine Gael);
Rose Conway-Walsh (Sinn Fein);
Kieran O’Donnell (Fine Gael)