Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

I welcome our guests and thank Mr. Tobin and Ms McEvoy for their opening statements. Can the witnesses explain what sufficient loss coverage by banks for future NPLs means in practice? As we know banks already have to set aside capital for NPLs. What is sufficient loss coverage and what impact does it have?