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:
Of course, Senator.
What is factually correct is that there are outlier banks which have very high non-performing loan ratios. The second fact is that Permanent TSB is one of those banks. The third fact is that absolutely correctly, the regulator has insisted that those banks provide - I think the phrase is - credible but aggressive NPL reduction plans.
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