Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Public Accounts Committee

National Asset Management Agency: Financial Statements 2014

9:30 am

Mr. Declan Reid:

No. I suppose Deputies are aware there is a running engagement between our Minister and the Northern Ireland Executive on a vast variety of cross-Border issues, in particular financial issues. As our banking system was recovering, issues such as the Irish banks’ commitment to the North, the closure of IBRC’s offices in the North and other issues including NAMA's management of its Northern Ireland portfolio would have featured in those conversations. This communication, which was received from the Minister, Mr. Wilson, would have originated from one of those type of conversations.