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:
Correct, but even if the Central Bank were not there, I would make the same decision because if one has another loan which is non-performing, one would have to say, on the basis of probability, that all the debt would fall into the category "unlikely to pay". That is how it works.
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