Oireachtas Joint and Select Committees
Wednesday, 9 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB
10:50 am
Mr. Jeremy Masding:
We have an arrears management process with which myself, the board and the shareholder are absolutely comfortable and confident that we take the right decisions. The fundamental decision is around cash and affordability. Equity and balance sheet management do not come into it. The key decision rule is affordability.