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 Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I thank the Chairman. I welcome the Minister and his officials to the meeting. I thank him for the information he gave us in continuation of the previous meeting.

A couple of issues arise. First of all, at the time the bank proposed to downscale the availability of cash at a number of branches throughout the country, would it have been better if it had postponed whatever the announcement was going to be to a later date to give distance between that announcement and the fact that a major fine was imposed on the bank by the Central Bank of Ireland regarding tracker mortgages?

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