Oireachtas Joint and Select Committees

Tuesday, 19 June 2018

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

Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank

1:30 pm

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

-----with a breakdown in respect of remediation, which is obviously the customer's own money, and compensation, being the additional compensation for the suffering that they went through. Can Mr. Stanley take us through the opening figure? Operating profit is stated as €109 million, but in brackets operating loss is listed as €151 million. What is the reason for the big difference there?

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