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 key for us was quickly realising this was wrong. It was the wrong time to proceed. We had got ahead of our customers. We went way too far way too fast. It was in response to our customers that we reversed our decision within three days. As I said, the reversal of a decision of this nature needs to go through various levels of governance. Our reversal of the decision was a result of listening to our customers.
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