Oireachtas Joint and Select Committees

Tuesday, 21 February 2017

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

Banking Sector in Ireland: Discussion (Resumed)

4:00 pm

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

Do the demands on members from top management put them under pressure in dealing with customers? Are the ways they do business unfair to customers? We have to find a balance between banks making a profit and a sense of fair play. People are providing sustainable, long-term solutions but the vulture funds have no interest in long-term solutions. This also seems to apply to some of the mainstream banks now that property prices are going up. How are union members dealing with what is happening to ordinary clients, many of whom they probably know as their neighbours?

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