Oireachtas Joint and Select Committees

Wednesday, 12 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Permanent TSB

3:45 pm

Mr. Jeremy Masding:

What we are saying is that our model for when we get back to being a simple retail bank will use a forecast of 11%. The regulatory minimum is 8%. In our models, we forecast a pillar 2 of 3%.