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): Bank of Ireland
2:00 pm
Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source
For a bank, the asset is the loan, and that is secured by the property. The properties have increased in value, so therefore they are more viable and attractive for securitisation. That is where value comes from.
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