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 Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

Let us suppose the bank has an SME that did not get into investment properties or whatever. Let us suppose the core business is under pressure but there is no property side to the business or the business did not take on debt. Are such businesses excluded from any portfolio sale?

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