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 Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

If Permanent TSB were to warehouse a proportion of the loan in-house, there might be some possibility of getting that portion of the loan back in future years, whereas if the loan was sold to a vulture fund, there would be no such possibility.

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