Oireachtas Joint and Select Committees

Thursday, 4 April 2019

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

Matters Relating to the Banking Sector: Bank of Ireland

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

Ms McDonagh made a point in her opening statement that new lending was up 13% in 2018 on the previous year and it was the first year of net new lending growth which is a positive statement. Brexit changes every hour. As I have been in this committee room since 9.30 a.m., I do not know what has happened today and it could have entirely changed by the time I finally get to see daylight. It is becoming more uncertain by the day, if not the hour. Are the figures for lending in the first quarter in 2019 a little lower or softer than last year?

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