Oireachtas Joint and Select Committees
Thursday, 11 October 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Sale of Property Loans (Project Glas) By Permanent TSB: Discussion
11:30 am
Mr. Jeremy Masding:
It is important that we try to agree on the lexicon. Let us be clear: there are no performing loans in Project Glas. The loans are either restructured and, therefore, non-performing, by definition, or they are part of a connection, which means it is the connection that is not performing.
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