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

Equally, Mr. McLoughlin will appreciate that the bank has existing customers, many of whom are under pressure, who look at another bank that is charging 1% less than they are paying. As Mr. McLoughlin well knows, in the current climate they cannot switch and they are effectively locked into the Bank of Ireland. That is the reality.

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