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. Eamonn Crowley:

I am on the record as saying that we wanted that to happen. We tried our best to negotiate that outcome, but we could not find agreement in that respect. It is probably a question for Ulster Bank. Given our position in the Irish market and our competitive position, it is something we wanted to achieve in our ultimate transaction but we could not reach agreement with the bank.

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