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 Mairead FarrellMairead Farrell (Galway West, Sinn Fein) | Oireachtas source

The other question I had was on overdrafts. I understand that the follow-up from that was that the entities that would be looking to pursue those outstanding moneys would be new ones with different banking licences. Is it the case, therefore, that under no circumstances would those moneys be transferred to debt collectors?

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