Oireachtas Joint and Select Committees

Wednesday, 31 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of IBRC: Discussion

11:50 am

Photo of Aideen HaydenAideen Hayden (Labour) | Oireachtas source

Impaired loans now account for approximately 66% of the total loan balance.

I refer to the section of the document dealing with mortgage debt. According to page 9 of the document, which sets out the profile of residential mortgages, the bank increased its specific provisions for impairment on the owner-occupied section of its loan book from €206 million on 31 December 2011 to €235 million on 30 June 2012. Is that correct?

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