Oireachtas Joint and Select Committees

Thursday, 8 May 2014

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2012
Chapter 2 - Government Debt
Finance Accounts 2012

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1:25 pm

Mr. John Moran:

The asset quality review worked by determining the extent of the loans that the banks or external third parties considered were not likely to have full repayments. The regulator pointed out the level at which the banks would have to make provision against bad debts.

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