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

2:05 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

I thank the gentlemen present for their time. While we are discussing the mortgage arrears process, I acknowledge the improvement in the underlying performance generally in the bank, which was referenced in the presentation. On the previous occasion Mr. Duffy appeared before the committee, he signalled that the bank had made a provision for approximately €2.5 billion to deal with the arrears crisis. Is that still the case or has the number moved?

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