Oireachtas Joint and Select Committees

Thursday, 5 October 2017

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

Banking Sector in Ireland (Resumed): Ulster Bank

9:30 am

Mr. Gerry Mallon:

It is very difficult. I do not think there is anything that we can do to put that right. We are in the process of having a dialogue with the customers. We start with a financial compensation and then we look at what more we can do. What is clearly our fault is clearly our fault. We are accountable and responsible for trying our best to put that right.

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