Oireachtas Joint and Select Committees

Thursday, 21 September 2017

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

Banking Sector in Ireland: Bank of Ireland

9:30 am

Mr. Liam McLoughlin:

As I said, we have a fund and it has been doubled in the past six months. One is looking at a fund generally in the order of about €1 billion. The level of funding at any point in time moves quite a bit given that the estates are being built at a reasonable pace in terms of the demand for new property. One is looking at a fund from the Bank of Ireland point of view of that scale.

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