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
Peadar Tóibín (Meath West, Aontú) | Oireachtas source
I will move on to the credit risk function, which is a particular function that checks these write-downs. Is there a threshold that is reached when information is passed to the risk function? Do those staff members take a percentage or a random sample? How do they work out what to check? How many write-downs are refused? In how many cases do those with a credit risk function say the bank made a wrong a decision and a particular write-down should not happen?
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