Oireachtas Joint and Select Committees
Wednesday, 5 November 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Banking Sector: Bank of Ireland
3:45 pm
Peter Mathews (Dublin South, Independent) | Oireachtas source
That is very important and I will say why. It is because if the management of the bank messes around with provisions, increasing or them or writing them back depending on the policy on whether or not to write off, and depending on the value in the loan-to-value algebra---- by the way, what is "value"? Where do the values for these properties come from?
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