Oireachtas Joint and Select Committees

Wednesday, 1 December 2021

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

Withdrawal from Irish Banking Market: Engagement with KBC

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The risk, however, is there. The difference is that high street banks are looking for deposits or more loans so there is a reputational risk but for CarVal there is no such risk if they double the rate. I apologise for taking up the witnesses' time. Will they answer on the Central Bank and what we need to do to attract banks to the market?

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