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

Photo of Ciarán LynchCiarán 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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