Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I have just provided figures which show that there has been a very significant reduction the value of in non-performing loans. The rate of reduction is particularly fast by European standards.

I did not get a chance to answer the Senator's final question about private equity firms because I was dealing with her point about where we were with mortgages. At the end of June 2016, private equity firms held loans on 10,000 principal dwelling houses in the State. As there are 740,000 such loans in total, it is clear that private equity firms hold a very small share of the total number of household and private dwelling loans in the country.