Oireachtas Joint and Select Committees

Wednesday, 19 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB

3:40 pm

Ms Margaret Hayes:

It depends on all of the factors I set out. I am confident about operational expenditure and we may also make inroads on impairments and improving the position with regard to arrears. Those are the areas over which we have most control. Sourcing broader funding and the cost thereof is something we will have to manage.