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. Bernard Byrne:
That is brand new lending. We did not have the clients beforehand or they did not have the facility beforehand and it is a complete increase in the size of facility, not an extension of it. That figure is €828 million. Currently, for this year, we are running at about €508 million. We are significantly ahead of where we were last year; therefore, we see that increase.
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