Oireachtas Joint and Select Committees

Tuesday, 10 July 2018

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

Matters Relating to the Banking Sector: KBC Bank

2:00 pm

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

Reference was made to €1.5 billion in investment. I presume that a much of this money is at a group level. Is a particular amount of money being spent in Ireland? Bank of Ireland's representatives were talking to us last week about spending €900 million. KBC Bank Ireland is not as big as Bank of Ireland in terms of physical presence. Its legacy systems may be different as well. What kind of money is being spent on technology in Ireland?

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