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. Shane O'Sullivan:

In the round, at bank level, our provision level is 42%. As Project Glas represents 70% of our NPLs, the Deputy's figures are broadly correct. We have not provided the specific figures for Project Glas, but at bank level-----

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