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
Paddy Burke (Fine Gael) | Oireachtas source
I am sure there are restrictions and new guidelines put on them as to how they will operate the loan sales - the loans that they buy and how they will operate them and adhere to the original contracts or whatever. It will have an impact on how they deal with the loans they have from an interest rate point of view, whether they can increase them or whether they can get vacant possession and all of that. Will those regulations have an impact on the price that AIB might get for the loans?
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