Oireachtas Joint and Select Committees

Tuesday, 21 May 2019

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

Matters Relating to the Banking Sector (Resumed): KBC Bank

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

When we have brought all the various banks before the committee - and KBC is the last of the banks in this cycle - two of the main points have been Brexit, which I think we have touched on a bit, and the banking culture board. I accept that Mr. Roebben is not an expert on Brexit from an Irish perspective and I do not expect him to be. I know that Ms Deering has been nominated to the banking culture board. It is a very new process. Its acting chief executive and Mr. Justice Hedigan and so on have been before the committee. Regarding where KBC's culture has come from and where it has gone to, how far down the road does Mr. Roebben think it is as opposed to where he wants it to be? I am not saying KBC is the worst offender in respect of the culture we had ten or 12 years ago. What has KBC done to change its culture and what does it still need to do?

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