Oireachtas Joint and Select Committees
Wednesday, 26 February 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Sale of IBRC Mortgage Loan Book: Discussion
2:30 pm
Mr. Kieran Wallace:
Unfortunately, we have not got the bids in from the bidders at this point in time. There is still a reality to the possibility that the loans will transfer to NAMA. As everyone understands, NAMA has a backstop position in respect of the IBRC liquidation. It is not a foregone conclusion that these loans will go to outside buyers.
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