Oireachtas Joint and Select Committees
Wednesday, 31 October 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functioning of AIB: Discussion
1:55 pm
Mr. Fergus Murphy:
We will provide an update on that figure. The sum of €600,000 is a tiny amount in the context of the balance sheet and the point I was making is that any write-off will be minuscule or near zero in that context. Let us say that €600,000 on a balance sheet of €95 billion is zero. We are not writing off debt.
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