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. Stephen Groarke:

In terms of sales in the past, we sold two tranches of loans in the UK, which would be distinct. The previous bulk of sales by the bank were Irish commercial real estate. The anticipated sale of Project Glas, which are residential mortgages, would not be on parallel with what we have done previously.

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