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:
The split mortgage goes through a probationary period, comes out the other side and moves into performing. We restructure the mortgage to an affordable level. It is important we do it to an affordable level because that solution is then allowed to move back in to the performing profile.