Oireachtas Joint and Select Committees

Tuesday, 23 January 2018

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

Tracker Mortgages: Allied Irish Banks

4:00 pm

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

I welcome Mr. Byrne and his colleagues. I wish to clarify a number of points.

In Mr. Byrne's presentation on how the bank responded, he said:

[T]he difficulty was compounded by limited legacy IT systems and operational failures in AIB and EBS when it merged with AIB in 2011. The systems did not record the bank's proper commitments and obligations to its customers.

Did that relate to both EBS and AIB?

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