Oireachtas Joint and Select Committees

Tuesday, 20 December 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Central Bank of Ireland

11:00 am

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

So they would not be the same auditors. The final sentence of the Central Bank's submission states that the further development of European banking union has great potential to deliver a fundamentally more stable banking system over the medium term. Given the short-term external shock that is about to happen with the Italian banking crisis, does Professor Lane believe our banking system is robust enough to withstand an external shock that may be felt around the European banking system?

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