Oireachtas Joint and Select Committees

Tuesday, 26 September 2017

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

Banking Sector in Ireland (Resumed): Allied Irish Banks

4:00 pm

Mr. Jim O'Keeffe:

Exactly. There is a split in terms of what is written off. The residual has come out of the non-performing loans into performing loans, and the customers concerned are working with us today. Their loans are now performing. They would have agreed asset sales with us whereby they were going to dispose of assets over a period. A significant number are working with us to proceed with that.