Oireachtas Joint and Select Committees

Tuesday, 9 April 2019

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

Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB

Mr. Jeremy Masding:

In very simple terms, one takes the mortgages and one has a capital market vehicle, which is known as a special purpose vehicle, a stand-alone vehicle.

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