Oireachtas Joint and Select Committees

Wednesday, 18 May 2022

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

Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

Arising from our last private meeting, I advise that the minutes of that meeting of 11 May 2022 were accepted.

No. 8 on the agenda is our engagement with Ulster Bank and KBC. I welcome all our guests here today. We look forward to the exchange. From Ulster Bank, I welcome Ms Jane Howard, chief executive; Ms Elizabeth Arnett, director of corporate affairs; Ms Louise Kelly, head of public affairs; Ms Lisa Slattery, head of digital; and Mr. Olaf Fitzsimmons, head of corporate. From KBC, I welcome Mr. Frank Jansen, chief executive; Mr. Barry D'Arcy, chief risk officer; and Mr. Darragh Lennon. We will have brief opening statements, following which we will have engagement with members.

I remind all concerned about the situation regarding privilege. Witnesses and members are covered by privilege, whether they be in this chamber or on the campus of Leinster House. They are asked to respect the long-standing parliamentary practice to the effect that they should not comment on, criticise or make charges against any person or entity outside the House or an official either by name or in such a way as to make him, her or it identifiable.

I invite Ms Howard make her presentation.

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