Oireachtas Joint and Select Committees

Wednesday, 19 October 2022

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

Withdrawal from Irish Banking Market (Resumed): Engagement with Ulster Bank and KBC Ireland

Ms Jane Howard:

Only performing and reperforming loans will move. We put them to the end of the process because we knew we had hundreds of customers who were reperforming and it was very important we kept them reperforming so that they would go to either AIB or PTSB and not into a non-performing loan sale. We have done that as far as possible.