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
Ms Jane Howard:
The plan is that the legal entity will remain. It is highly likely to be under a different trading name. The key thing then is the banking licence. We will be working to hand the current banking licence back but exchange it for a different one to manage the debts that still need to be managed.
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