Oireachtas Joint and Select Committees
Wednesday, 30 June 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Banking Matters: AIB
Jim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source
I have a final question for Dr. Hunt. I am conscious that my other colleagues want to get in. Obviously, it is not AIB’s business to try to encourage its competitors. However, it is in the interest of the Oireachtas to try to ensure that the Irish banking sector is more competitive. That is particularly so in recent times, since we have lost Ulster Bank and other financial institutions. I ask Dr. Hunt what he believes needs to be done to make the Irish banking environment more competitive, so that we can attract outsiders and increase competition?
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