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:
Yes, we believe it was possible. It would have challenges but I believe those challenges would be smaller than the overall challenges we have ended up with as an industry. There would have been challenges between the two organisations to achieve that. However, it takes two to tango and we could not reach an agreement. Believe me, from my position, the competitive position and the strategic and financial position, that is exactly what we wanted to achieve.
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