Oireachtas Joint and Select Committees
Tuesday, 9 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB
Mr. Jeremy Masding:
It was a small group of us who have capital market experience of securitisation. As Mr. Dolan said, we started with the principle that the assets had regular cash flows, even though they were labelled as non-performing loans, NPLs. Based on that principle, we felt we could replicate what we have done in the past. How many securitisation packages has Mr. Dolan done in his time?