Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland

2:00 pm

Photo of Michael McNamaraMichael McNamara (Clare, Labour) | Oireachtas source

I presume Bank of Ireland was relatively better positioned because it engaged in more prudent lending than its competitors. Was that in some part because of the personal relationships that were built between personnel and customers? The bank maintained those personal relationships for longer than other lenders before decisions were effectively made to conduct business remotely.

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