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:

Our priority at present has been getting the customers into reperforming and dealing with the transactions that we have got under way, whether that is the sale to AIB and PTSB or dealing with the latest book to AIB, which is not yet a binding agreement. We have not yet started the work in terms of the non-performing loans, overdrafts etc. That has been deliberate.

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