Oireachtas Joint and Select Committees

Thursday, 1 December 2016

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

Banking Sector in Ireland: Ulster Bank

9:30 am

Mr. Andrew Blair:

The loan agreements that we disposed of to investment funds were subject to a contract between us and the customers. Those loan agreements stand post the sale, so they are exactly as they were before. The obligations and the rights the customer had before continue after the sale.