Oireachtas Joint and Select Committees

Wednesday, 26 February 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Sale of IBRC Mortgage Loan Book: Discussion

3:40 pm

Mr. Kieran Wallace:

It is the process we have under way in respect of the sale of each of the portfolios and it is what we have implemented in our previous two sales involving the Evergreen, Rock and Salt portfolios. Given the volatile nature of the bidding process, it is very hard to determine who will come through as a final bidder until very close to the bidding date.