Oireachtas Joint and Select Committees

Wednesday, 14 September 2022

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

Banking Issues: Discussion

Photo of Alice-Mary HigginsAlice-Mary Higgins (Independent) | Oireachtas source

The question relates to the letter and to the spirit in that regard.

I have one last question. The question relates to non-performing loans and AIB mentioned that it has reduced its exposure to bad loans and non-performing loans. Many people are concerned that we are going to see a lot of people facing temporary financial challenges. What mechanisms or other measures are in place to ensure that effectively good loans do not fall into the category of bad loans or non-performing loans over what will be a difficult 12 month period for many families and SMEs?

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