Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland: Allied Irish Banks

2:00 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I would prefer if we had a banking system which was under more public pressure, in the way that I think AIB has been, to be a bit more reasonable with people in mortgage distress. I want a system whose priorities are not solely about the bottom line and that its mandate is a bit more focused on the wider economy, keeping a roof over people's heads and all those kinds of things. Is it the inevitable direction that the bank seems to be taking and which Mr. Duffy's speech indicated one where we will move away from that?

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