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

8:20 pm

Mr. Brendan O'Connor:

Regarding the amount, the €100,000, that will write down, assuming that the principal secured property has an open market value put down on it, we will get the same haircut. If we vote for this agreement, it is likely to come out whereby all of the unsecured will be treated the same.

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