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. Jeremy Masding:
As of today, we have no specific plans for those mortgages. Our two big material transactions in 2018 were Project Glas and Glenbeigh. The good news is that we have some natural cures, as we call them. People are returning to performing status as a consequence of their changing circumstances. That is good news. When we are left with a stock of non-performing loans, we will need to look at the different alternatives. As of today, I would not want to comment on what those alternatives may or may not be.
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