Oireachtas Joint and Select Committees

Thursday, 14 May 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013

10:00 am

Ms Ann Nolan:

Yes, pay it back eventually - it is mostly with the Central Bank at the moment - the vast bulk of the money, certainly €30 billion of the €34 billion, was for Anglo Irish Bank and that would all be business loans as Anglo Irish Bank did not do mortgages. The €4 billion that was for Irish Nationwide Building Society would be all mortgages and not business, more or less.

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