Oireachtas Joint and Select Committees

Wednesday, 21 September 2022

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

Banking Issues: Discussion (Resumed)

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

It undoubtedly caused a very significant reaction to the bank that may over time impact on its reputation among its customers. I also hope that in the fullness of time, we will take into account that the decision was reversed. I think it is a key point as well that the decision was reversed. It did not go ahead. Colin Hunt, the chief executive of AIB, has been in here acknowledging the impact it had on customers and on communities. That happened. I return to the point I made earlier in case there is any confusion about this matter. I have been very clear in identifying the two different points at which my Department was aware of this matter and when I became aware of it myself.

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