Oireachtas Joint and Select Committees

Wednesday, 14 September 2022

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Issues: Discussion

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The State holds the majority of shares in the bank. There was political uproar. The Minister for Finance did not say anything about it but there was political uproar. It was a major issue. The bank is State owned. Its customers have been complaining about other matters on which the bank did not change tack. I have listened to our guests' commentary. They have said they got ahead of their customers and will not get ahead of them again. It seems nearly the case that the customers must catch up to the realisation-----

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