Oireachtas Joint and Select Committees
Tuesday, 29 May 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Resolution of Non-Performing Loans: Discussion (Resumed)
4:00 pm
Kieran O'Donnell (Fine Gael)
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We welcome that. Is it fair to say that up to now the provisioning system within banks was based on when the loan was realised, as distinct from provisioning as the bank went along? Am I correct in the analysis?