Oireachtas Joint and Select Committees

Tuesday, 15 April 2014

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB

4:00 pm

Mr. Bernard Byrne:

It is not new news from any perspective on the estimate of the loss associated with that. So, there is not some timebomb of which we are unaware. We are very aware of the position of all of those loans. We agree about separating but everything else is what we are executing. There is not a surprise factor in respect of that.