Oireachtas Joint and Select Committees

Wednesday, 1 December 2021

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

Withdrawal from Irish Banking Market: Engagement with KBC

Mr. Barry D'Arcy:

Let us look at the total amount of non-performing loans we have in the bank today. We have about €1.28 billion in non-performing loans, which is about 12% of our portfolio. A large part of that grouping would have a restructure against it and there would be an element of arrears but fundamentally a large element of that will be restructured in some way.