Oireachtas Joint and Select Committees
Wednesday, 29 April 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of the Banking Sector in Ireland (Resumed): Ulster Bank
2:00 pm
Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source
While that has obviously been factor, the mortgage market is improving and the value of the assets, namely, the loans backed by the security on the properties in question, has increased in the past five years. Ultimately, therefore, with the loans now worth more, Ulster Bank must be worth more.
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