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
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
The opening statement indicated that the bank expects over €3 billion will exit NPE status as customers complete the probationary period or conclude property sales. Does the €6.3 billion take account of that? Is the €6.3 billion after the €3 billion has moved out?
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