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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