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
Mr. Stephen Groarke:
Needless to add with regard to Capital Home Loans in the UK, which is a subsidiary we have sold with a portfolio, from memory there were nearly 10,000 loan within that entity. These were predominantly professional buy-to-let investors. In selling that portfolio we have been very sensitive to the fact that this is predominantly buy-to-let as opposed to home loans.
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