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. Jeremy Masding:
It was the commercial real estate part of the business that we were obliged to sell off under the restructuring plan. In my head I distinguish between property investment, speculation or development, which we no longer do, and the owner-managed enterprise sector in Ireland which, as the Senator knows, is a vibrant and important part of Ireland plc. We think we have an important role to play in that area.
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