Oireachtas Joint and Select Committees

Thursday, 11 April 2019

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

Matters Relating to the Banking Sector: Allied Irish Banks

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

Dr. Hunt is very welcome and I congratulate him on his appointment. If €6 billion is about 9.6% of gross loans and €1 billion brought that figure down to 8%, one can probably say that another €2 billion and €3 billion will be required to get to 5%. I think that is a reasonable figure to put on what would have to be disposed of.

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