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

Mr. Frank Jansen:

There is an agreement on how problem loans will be dealt with and there is a difference between who will deal with it and who is accountable for it. We keep on being accountable for everything that happens before the migration. The migration timeline is still to be defined but we remain accountable for everything that happens before. Obviously, Bank of Ireland will take accountability for the things that happen after the migration.

Comments

No comments

Log in or join to post a public comment.