Oireachtas Joint and Select Committees

Tuesday, 22 November 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Permanent TSB

2:00 pm

Mr. Ger Mitchell:

We have provided for €145 million. As I indicated to Deputies Michael McGrath and Sherlock earlier, we have just completed phase 2 of the Central Bank review. We have started the assessment, so until that assessment is completed we will not be in a position to quantify if or whether we will find any further issues. As it stands right now, however, we are comfortable with the provision that currently is there.

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