Oireachtas Joint and Select Committees

Thursday, 21 June 2018

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

Matters Relating to the Banking Sector: Allied Irish Banks

9:30 am

Mr. Bernard Byrne:

The Senator has referred to the 1,500 people who work as part of the financial solutions group. That activity will not stop but it will downsize significantly as we normalise. A reduction of more than 500 people in respect of that number is probably a reasonable expectation but that is probably a 2020 position. Some of the people are contractors. We engage contractors when needed.

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