Oireachtas Joint and Select Committees
Thursday, 10 May 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector: Quarterly Engagement with the Central Bank of Ireland
9:30 am
Kieran O'Donnell (Fine Gael) | Oireachtas source
The Central Bank is currently taking enforcement proceedings against Permanent TSB, Ulster Bank, Bank of Ireland, KBC Bank, Allied Irish Bank, AIB, and the Educational Building Society, EBS. These are six of the lenders involved in the tracker scandal. Are other enforcement proceedings anticipated and, as of today, what level of fines have been imposed on the financial institutions around mortgage and lending activity over the last number of years? This information may be in the public domain but I would welcome if the witnesses could identify the institutions involved and how much they were fined.
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