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:
By the time we get to the end of 2019 we envisage that the €6.3 billion will have to have reduced. Some of that may have converted to NPE at that point because we will be working it through. Some of that may have converted and it is just walking through the probationary period at that point in time.
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