Oireachtas Joint and Select Committees

Thursday, 6 December 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Sale of Permanent TSB Mortgage Loans: Discussion

2:00 pm

Mr. Cormac Ryan:

For residential mortgage loans, before the Glenbeigh transaction, we have 50,000 loans, so we have 64,000 loans overall, 50,000 of which are effectively mortgages secured against property. Post the Glenbeigh transaction, the value of those loans that we will manage, administer and service on a day-to-day basis will be approximately €10 billion.

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