Dáil debates

Tuesday, 27 March 2018

Other Questions

Banking Operations

5:45 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I have outlined to Permanent TSB the views that I have shared with the House this afternoon, namely, that I understand that they are subject to a requirement from the regulator to reduce their non-performing loans. They took me through the circumstances that their bank faces, much of which I was aware of. I described to them the process that is open to me and the point at which I would be consulted in respect of this, of which they are aware. I emphasised to them the huge concern in respect of this matter and the need for those concerns to be recognised in how they act.

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