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
Kieran O'Donnell (Fine Gael) | Oireachtas source
Mr. Masding is saying the bank has €2.1 billion in Project Glas and that he expects by the middle of next year he will have dealt with another €1.5 billion in that respect, which will be €3.6 billion in total in terms of non-performing loans, and at that point the non-performing loan ratio would be down to 8% to 9%. Is that his target?
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