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

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

So I take it that the Department and the Minister are fully up to date.

On the numbers, the non-performing exposures are €10.2 billion which includes €6.3 billion of impaired loans. Did Mr. Bourke say that it is the €6.3 billion figure that has to get to the €3 billion to €4 billion level?

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