Oireachtas Joint and Select Committees
Tuesday, 3 September 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Financial Sector: Discussion with AIB
3:40 pm
Mr. Myles O'Grady:
Mr. Duffy has mentioned that in the year to date the bank has written off €475 million of loans. Of that number, €38 million relates to residential mortgages. That level reflects a point in time cycle; therefore, one would expect that perhaps the work we have done in the past few years has been more focused on the corporate commercial side and now we are moving into-----
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