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

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

These have been identified by the Central Bank as ways for a bank to work through its loan book. In his presentation, Mr. Masding seemed to be asking what the bank could do after having tried everything, but it has not. There are five options, which the bank simply will not entertain for customers, that could form part of its basket of solutions, but it has decided not to use them.

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