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.