Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brendan McDonagh:

Yes. In fact, just to correct the record - and thank you for the opportunity in relation to Deputy Doherty ... I've just went back through my notes, because there's such a volume of notes ... the value of collateral where we paid nil consideration was €3.5 billion in nominal terms. It wasn't €2 billion - it was €3.5 billion. And, yes, we have collected €5 billion of income on the portfolio since the start, yes.