Oireachtas Joint and Select Committees
Tuesday, 23 March 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector: Engagement with Bank of Ireland
Ms Francesca McDonagh:
To be honest, Irish banks seeking additional State support has not been our focus. We have been focused on supporting our customers. We were in a very strong capital position going into the financial crisis and we have maintained that strong capital position during the crisis. We have not required State support. That is a reflection of the regulatory regime having been fundamentally transformed since the previous financial crisis. Our focus has been on supporting our customers.
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