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:

I answered that question for the Deputy's colleague earlier. We have approximately €1.5 billion in non-performing loans left. This equates to less than 10%. We have to keep managing those down. The good news is that a sizeable portion will cure automatically. We need to look at various alternatives in the other cases. I would not rule anything in and I would not rule anything out. That was the answer I gave to the Deputy's colleague earlier.

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