Oireachtas Joint and Select Committees

Thursday, 13 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: AIB

12:40 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

The reason I am asking the question about the balance sheet is that some institutions are realising their losses and writing down debts, and this has an implication for the balance sheet. In the event that AIB is not realising and crystallising losses, what kinds of latent or deferred loss are built into balance sheets within the bank at present, and how does AIB sell this when conducting its whistle-stop tour to corporate investors and others who are considering investing in AIB? I am really asking how it all stacks up.

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