Oireachtas Joint and Select Committees

Thursday, 17 May 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Resolution of Non-Performing Loans: Discussion (Resumed)

10:00 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

My question for Dr. O'Hagan-Luff essentially is based on the international experience. I am not asking her to predict what is going to happen here but internationally, when such loans are purchased, many of which have 15 to 20 years left in them, and this does not align with the business model of such funds, do they close out these loans over a period or do they sell them on?

Comments

No comments

Log in or join to post a public comment.