Oireachtas Joint and Select Committees
Thursday, 11 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector: Allied Irish Banks
Gerry Horkan (Fianna Fail) | Oireachtas source
It is reasonable to say that some of the people in the North, approximately one third, voted for Brexit whereas 99% of those in the South would have said "No" to Brexit. Presumably people who were in favour of Brexit are less put out by it than people who wanted to remain in the EU.
AIB has performance targets for lending, new lending and so on. Can Dr. Hunt share with us what those targets were supposed to be and how the bank is performing relative to those? I have been picking up that generally, and Dr. Hunt has acknowledged this, people are not seeking lending. A bank cannot and should not want to lend to people who do not want to take it. Is AIB at 50% or 30% of what it expects to lend?
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