Oireachtas Joint and Select Committees

Thursday, 28 September 2017

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

Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank

9:45 am

Photo of Paul MurphyPaul Murphy (Dublin South West, Solidarity) | Oireachtas source

I thank Mr. Masding. Question 13 on page 17 relates to how many owner-occupier and buy-to-let mortgages have been sold to investment vulture funds and other financial service providers. The bank does not really give a figure; it gives an amount of money and the scale of the portfolio that was sold. Does Mr. Masding have an idea of how many mortgages on properties were sold as part of that portfolio? Last year it the bank had the figure for this as 5,600.

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