Oireachtas Joint and Select Committees

Wednesday, 9 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB

10:30 am

Mr. Shane O'Sullivan:

The numbers are large but to be fair to the target regime it does not constrain the offers that we make nor does it compel us to make legal offers either. This is a methodology that we as a management team will in all likelihood follow ourselves. It must be remembered that we are looking to resolve this debt resolution crisis as quickly and as efficiently as we can.

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