Oireachtas Joint and Select Committees

Thursday, 5 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with Permanent TSB

10:20 am

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

I thank Mr. Masding. We will go straight into questioning. I propose 20 minutes on the first round and then five minutes subsequently because we have to conclude by noon.

I again welcome the witnesses and thank them very much for what they have provided to the committee. This is the type of model we have been seeking from the banks since we commenced this process on Tuesday. With the committee's permission, we will bring in the Governor of the Central Bank around the 25th of this month but I suggest that we write to the other banks using this type of formula asking them to provide us with this information before we meet with the Governor of the Central Bank. In that way we will be using the one formula. Is that agreed?

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