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
Mr. Paul Stanley:
There is a process that we have had to go through to meet the requirements and the phases that are set out. We have gone through those. The last time I came before the committee, there was not an acceptance that we would meet our targets for the 2,500. We have met it. We are close to meeting our targets for the 3,490 and we will address the residual 2,000 by the end of the year. For the residual 2,000 - and the customer to whom the Senator refers could be one such instance - we still do not necessarily know the finite amounts in terms of the extent to which they have been impacted. We are in the process of communicating with all those customers, starting this next week and into next week.
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