Kieran O'Donnell (Fine Gael) | Oireachtas source

I welcome the Minister and his colleagues. I wish him well in his new combined role. In the context of the issue of non-performing loans, the Minister indicated that there are some concerns in regard to specific elements of the proposal, such as that restructuring activities will be disincentivised in favour of forced loan sales. KPMG is currently conducting due diligence on AIB's loan book. The State, on behalf of Irish citizens, is the principal shareholder in AIB. The Minister stated that there have been very few forced repossessions, although those that do occur are hugely significant for the individuals concerned. What is the Minister's view on the proposal regarding non-performing loans that has been put forward by the financial services committee subgroup on non-performing loans in the context of SME, farm, home and buy-to-let loans and what impact that will have on the work-out in respect of AIB and, possibly, those relating to other banks?