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 Jim O'CallaghanJim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source

Okay. Taking my previous example again, if I happen to owe Ulster Bank €5,000 today and a year from now that has not been repaid and my account is being closed, Ulster Bank Ireland DAC, or an entity under a new trading name, will still be the entity to institute proceedings.

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