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

7:45 pm

Photo of Peter MathewsPeter Mathews (Dublin South, Independent) | Oireachtas source

Perhaps €95 billion. Therefore, AIB is at a provisioning rate of approximately €17 billion over €95 billion and approaching approximately 19% provisions against its gross loans. Its sister organisation for peer review purposes, the other so-called pillar bank, is at 6.8% provisions against a total loan book of €105 billion. We are asking about the overall position because we are considering the overview of the financial sector. Is the financial sector in Ireland - the conduit for the economic effort of households and businesses to generate incomes, money, profit and trade -----

Comments

No comments

Log in or join to post a public comment.