Oireachtas Joint and Select Committees
Wednesday, 14 September 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Issues: Discussion
Dr. Colin Hunt:
The announcement was made on a Tuesday and the customer reaction started to become very apparent on the Wednesday morning.
It became clear to us that we were going to have to do something. We considered a number of options and ultimately decided that the best course of action and the one that met our customers' expectations and customer needs was to do a full reversal, which we did within three days.
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