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

It appears to me that the control is still firmly with the banks, and it has not been taken by the Central Bank. The Central Bank expects that banks will have commenced engagement with impacted customers by mid-2017. What does it mean by engagement? Is it another letter that says something slightly different? That is a problem. It goes back to the Cathaoirleach's observations that the process is not transparent.

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