Oireachtas Joint and Select Committees

Thursday, 2 March 2023

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

Debt Write-down and Debt Resolution Policies: Allied Irish Banks

Mr. Jim O'Keeffe:

As I said, we disclose overall the amount we write off in our annual financial statements. As the Deputy knows, we are before that next week but we felt it was better to come before the committee as quickly as possible regarding this item. The key assurance I can give the Deputy is that any of those 1,900 loans, regardless of whether they involved €1 million, €2 million €3 million or €4 million were subject to the same consistent policy application. There were no special deals involving those 1,900 loans.

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