Oireachtas Joint and Select Committees

Wednesday, 30 June 2021

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

General Banking Matters: AIB

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

The reason I asked that particular question was because we had become accustomed to the fact that various banking activities are licensed by the Irish Central Bank. Presumably, this is also authorised by the ECB. Has the degree of supervision by the ECB increased or decreased in recent times? Is the extra interest because of the risk our customers pay in this country based on a guarantee to remind us of where we were and where we should not go again?

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