Oireachtas Joint and Select Committees

Thursday, 21 September 2017

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

Banking Sector in Ireland: Bank of Ireland

9:30 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

Did the witnesses ever have to report to the Central Bank on a concern the bank might have had? In the answer, it is stated the bank co-operated fully with the banking inquiry in 2015. There was a crash but nobody seemed to have reported to the Central Bank that there was a liquidity problem, or otherwise. In the years from the crash onwards, has there been any reason to report to the Central Bank. I do not have the Central Bank's report here but it states it has concerns, although not in regard to a specific bank. It states that in one of the quarterly reports. All I am asking is whether Mr. Farrell has expressed any concern to the Central Bank.

Comments

No comments

Log in or join to post a public comment.