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:

That is because we have a 26% confirmed NPL ratio. As a management team, when we talk to investors, we tell them we are on track in terms of current accounts, mortgage lending and unsecured lending, and our deposits are increasing. The big question mark around the value of the enterprise is the 26% NPL ratio.

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