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
Professor Philip Lane:
The numbers are given in my introductory statement. If there are more in the future, the sector will get bigger and we would have to add resources for effective supervision. We are continually reviewing the position. In recent years we have seen a fairly big increase in bank staff and the target for the end of 2018 is nearly 1,900, having been 1,500 when I arrived in 2015. We are prepared to increase the number and have made a lot of effort to add staff when we need to. We are not bound by an embargo or limit.
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