Oireachtas Joint and Select Committees

Thursday, 22 March 2018

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

Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Permanent TSB

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9:30 am

Mr. Stephen Groarke:

That is the consequence of the way the non-performing loan, NPL, definitions have been laid out by the Single Supervisory Mechanism, SSM, and the European Banking Authority.

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