Oireachtas Joint and Select Committees
Tuesday, 28 May 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector (Resumed): Pensions and Investment Research Consultants Ltd
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
It is something we will tease out further but, under the EBA's rulebook, loans do not become not non-peforming even if adequate provision is made. That is one of the reasons the banks are selling these on, a practice with which I do not agree.
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