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:
No. They are all NPLs. Again, what have we disclosed to the market? We should start there. We disclosed to the market that Project Glas includes approximately 10,700 properties, 3,300 of which are buy-to-lets and 7,400 of which are PDHs. Then we stated that of the 7,400, 2,500 are non-co-operating and 3,850 are cases in which treatments had been refused or were no longer being adhered to. They are all NPLs. That is the breakdown.
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