Oireachtas Joint and Select Committees

Tuesday, 26 September 2017

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

Banking Sector in Ireland (Resumed): Allied Irish Banks

4:00 pm

Mr. Jim O'Keeffe:

I will comment in a similar way to Mr. Byrne. One would need to see the individual contract and when it actually happened. It was very clearly laid out in our contracts what would happen when somebody broke their fixed arrangement. I understand that was not consistent and caused wider issues in the market.

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