Oireachtas Joint and Select Committees

Wednesday, 19 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB

3:30 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

What is Mr. MacSharry's vision for the bank? A restructuring is in place and there is the core business of providing mortgage lending. It is important that this business would be retained and developed, as well as providing more competition in the banking sector. Obviously, the bank is downsizing, has lost many staff and the directors are dealing with past mistakes. How does Mr. MacSharry see the bank developing in the future?

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