Gerry Horkan (Fianna Fail) | Oireachtas source

It is almost half of the bank's entire portfolio. It has not transferred any properties to vulture funds yet. It did transfer some residual balances after properties were disposed of. I know that a suite of options is available. Is KBC Bank Ireland considering looking at NPLs on a case-by-case basis? In instances where it is contemplating selling to vulture funds at a discount of 30%, 40%, 60% or 80%, would the bank make those offers to individuals or try to engage with them? Would it offer write-downs on these loans? All banks want to get as much money back as they can. However, you cannot get blood out of a stone. Is the bank looking at write-downs, restructuring and so on? The questionnaire contains a lot of detailed responses, although not all of the figures tie in with each other. What are the next steps, particularly for that €2 billion in non-performing PDH debt?