Oireachtas Joint and Select Committees
Wednesday, 31 October 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functioning of IBRC: Discussion
10:20 am
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
In that context, the witnesses might provide the joint committee with a broader explanation or understanding as to how the Irish Bank Resolution Corporation, IBRC, operates at present. It also has a property portfolio, to which Mr. Dukes referred, in its capital base. How extensive is that property portfolio? Unlike the other banks that will appear before the joint committee and which are dealing with loans, borrowings and so forth, I understand the IBRC has a fairly extensive property portfolio. How many of these properties are located within the Irish State?
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