Oireachtas Joint and Select Committees
Wednesday, 23 June 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Banking Matters: Permanent TSB
Peadar Tóibín (Meath West, Aontú) | Oireachtas source
Gabhaim buíochas leis na finnéithe go léir as teacht isteach agus as an gcur i láthair seo a thabhairt dúinne. I would like to question the witnesses on the banking market in Ireland, which looks to be broken. What I mean by saying it looks to be broken is that there are two major players with 85% of the market at this stage. It is an oligopoly for all intents and purposes. Massive supplier power can determine all aspects of the market for themselves. What is the experience of the witnesses of this in how it affects Permanent TSB, given that it is a much smaller player?
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