Oireachtas Joint and Select Committees
Wednesday, 31 October 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functioning of IBRC: Discussion
12:00 pm
Mr. Alan Dukes:
We have not yet written off loans. There are several products, as they are called, in the MARS procedure. I do not believe anything in the financial sector should be called a product. That is part of the problem we have. There are provisions that allow one to defer interest or to park part of the loan or part of the interest for a time.
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