Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source

Addressing high non-performing loan, NPL, ratios is one of the key priorities of the European regulator, the SSM. While great progress has been made in the Irish banks, the SSM has made it clear that further reductions need to be made. NPLs at the banks in which the State has invested have reduced by 60%, from €54 billion at their peak, to an estimated level of €22 billion-----