Oireachtas Joint and Select Committees
Thursday, 14 June 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector: Permanent TSB
9:30 am
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
Cuirim fáilte roimh na finnéithe chuig an gcoiste. I want to pick up on that point. I had extensive engagement with Mr. Masding on this issue the last time he was before the committee. I could not, for the life of me, understand then how Permanent TSB had structured its split mortgages in such a way, as Mr. Masding stated very clearly to this committee, that under the ECB rules they would be defined as non-performing unless they returned to the original contract. Will he clarify that statement?
No comments