Oireachtas Joint and Select Committees

Wednesday, 12 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Permanent TSB

3:15 pm

Mr. Jeremy Masding:

Yes. We will offer a business current account, a business savings account, business electronic banking, working capital and a degree of term finance. We need to be clear on where the boundary stops. If it moves to import-export finance or factory leasing - I am very clear as a CEO that ours is a focused business model - there will be times when we will have to say to customers that we do not do this.

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