Oireachtas Joint and Select Committees

Thursday, 28 September 2017

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

Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank

9:45 am

Mr. Shane O?Sullivan:

We are hopeful that by end of the year all the different parties that are working this through would be in a position to announce where they have got to. Our preferred partner will go through a process with the State agencies to be selected as a partner we can work with. We are hopeful they will come through that process and when a scheme is announced we are preparing to write to up to 2,000 of our customers. We hope to commence that communication from the beginning of next year.

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