Oireachtas Joint and Select Committees

Tuesday, 27 March 2018

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

Overview of Operations: Strategic Banking Corporation of Ireland

2:00 pm

Mr. Nick Ashmore:

It is a lot of money but in the context of a bank's balance sheet, of the three banks we are talking about, it is not a lot of money. It is something we are conscious of but at this point in time there are no unallocated funds sitting on anyone's balance sheet. All of the funds we have provided are now fully allocated.