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

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2:25 pm

Mr. Fergus Murphy:

The buy-to-let book is approximately €7 billion, 70% of which is in negative equity.

In terms of the €30 billion owner-occupier book, 40% is in negative equity, amounting to about €12 billion.

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