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): Allied Irish Banks
9:30 am
Mr. Jim O'Keeffe:
I have no doubt that the Deputy is going to come back to this in a number of different ways, and I will have to come back with the same point; we have not disclosed anything around potential portfolio sales. As I have said, and to comment further on what we see in the plan between now and the end of 2019, I have absolutely outlined it and we have confirmed more widely that we see a role for portfolio sales. The strategy is to focus on the investment-type loans or assets in the portfolio.
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