Mairéad Farrell (Galway West, Sinn Fein) | Oireachtas source

I fully understand that. As a finance committee, we need to look at the issues that could arise. Obviously, it would be in everyone's interest that that does not happen but it will be a matter of concern for us if it is a situation where some do not. It can be a situation realistically that there will be at least one person affected by this, if we are to be frank and honest about that.

Ulster Bank has not started the process of looking at how or when it will sell those non-performing loans. It could be less than a year, I suppose, from when it is closed.