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
Kieran O'Donnell (Fine Gael) | Oireachtas source
I welcome Mr. Masding and his colleagues once again. I want to pursue a point made by Mr. Masding. He made reference to the non-performing loan ratio of 26%. What ratio are the European Central Bank, ECB, and the European authorities looking for? In terms of the value of loans and the physical number of loans, by how much will Permanent TSB be required to reduce the balance sheet to get to that figure? What is the plan around that area? I am trying to bring it down to the basics.
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