Oireachtas Joint and Select Committees

Wednesday, 18 May 2022

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

Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland

Photo of Peadar TóibínPeadar Tóibín (Meath West, Aontú) | Oireachtas source

I would like to get an understanding of proportions and figures from the witnesses. I understand that the intended deal with Bank of Ireland is to have a significant write-down element. Is it about €183 million out of a €10 billion loan? If not, what is the figure for write-downs in that intended deal?

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