Gerald Nash (Louth, Labour) | Oireachtas source

I have one final question. The banks had a round-table meeting with the Central Bank yesterday and, as I said earlier, both Mr. Colm Kincaid and the Governor of the Central Bank made it clear to the committee a few short weeks ago that they did not believe the exiting or receiving banks were ready to execute this process in a customer-focused way. When the banks met Central Bank officials yesterday, did the officials tell them they now believe the banks are ready or do the officials believe the banks have some way to go yet before the industry more generally is ready?