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:

That was a performing portfolio so the purchaser effectively bought the yield on the mortgages. The level of arrears in that book was extremely low. There would have been an extremely low level of repossessions.

Comments

No comments

Log in or join to post a public comment.