Oireachtas Joint and Select Committees

Tuesday, 22 November 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Permanent TSB

2:00 pm

Mr. Shane O'Sullivan:

There was a mix. The bias was very much in the commercial real estate, CRE, space. There were some residential loans, both home loans and buy-to-let loans, sold as well. Once that sale takes place and once the economic and legal ownership is with another entity, from a data protection point of view and business point of view we would not see transactions on those accounts from that point.