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

Mr. Jeremy Masding:

Permanent TSB's split mortgages are non-performing as of today and, as per my answer to Deputy Michael McGrath, we are looking at different alternatives to derecognise them as non-performing loans. Those alternatives, as I confirmed to Deputy Michael McGrath, include a capital market solution. It is, however, early days in our thinking. I have not got any more information.

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