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:

As part of AIB's normal communications with the Department under the relationship framework, we share information on an ongoing basis. We would clearly have shared our wider plan of our approach to achieving the non-performing loan reductions to the stated targets at the end of 2019. As we said in our note, as part of that we also shared where there may be potential loan sales captured in that.

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