Oireachtas Joint and Select Committees

Thursday, 1 November 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Discussion with Bank of Ireland

11:20 am

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

This is completely at odds with what one of the Central Bank officials said publicly about Bank of Ireland and other banks, that they are dragging their heels on the matter. What I am hearing from Mr. Boucher is that he is blaming the Central Bank for the delay and that the bank would like to process more of these if it were allowed. It is pathetic that there have been only 13 applications in 12 months. Is the Central Bank restricting the bank from proposing more of its accounts to go down this line?

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