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

It is as a result of direct engagement between the regulator and the bank.

Before the vote, Mr. O'Keeffe said that €6.3 billion of impaired loans need to be reduced to €3 billion to €4 billion. Is that correct?

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