Oireachtas Joint and Select Committees
Thursday, 5 September 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Financial Sector: Discussion with Permanent TSB
11:20 am
Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source
There has been a write-down of approximately €11 million. Mr. Masding has stated Permanent TSB does not have in place a figure for provisions. How does the bank deal with its balance sheet if it does not know the amount of its contingent liability? Mr. Masding said when responding earlier to another speaker that he believed the bank should be an institution that could survive. Surely, he has a figure.
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