Oireachtas Joint and Select Committees

Tuesday, 9 April 2019

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

Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Mr. Masding stated that Permanent TSB has a long way to go. To where does it need to get? Does it need to get to approximately 3.5%? By when does it need to reach that target? Is it the case that, as reported in the media, it and the other banks are expected to approach the European average? Has that been conveyed to him by the regulators?


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