Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The problem is that when we look at the position of mortgages in arrears for more than 90 days, that does not give a picture of NPLs because there could be ones which are not in arrears but which could still be NPLs. For example, we know that those that are 90 days-plus are all NPLs.

There are 7,280 in arrears of 90 days-plus so one can assume there are at least 3,600, if not more, that either need to be cured or sold to reach the 5% target.