Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland: Allied Irish Banks

2:00 pm

Photo of Pat RabbittePat Rabbitte (Dublin South West, Labour) | Oireachtas source

I have two quick questions. Many people would be surprised that the bank wrote down some €461 million in mortgage debt in 2014. That was significantly ramped up by comparison with the two previous years. Does this mean the delegates have in their heads the likely figure for 2015? If the rate of difficulty is increasing, does it mean the figure for 2015 will be at least the same or higher?

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