Oireachtas Joint and Select Committees
Wednesday, 21 September 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Issues: Discussion (Resumed)
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
No. It is an investment by that banking group in Permanent TSB, which I really welcome. It has enabled Permanent TSB to be involved in a number of transactions that have made the bank, and will make the bank, a larger financial service provider and larger domestic bank. It is only an investment. Any influence or any view that Permanent TSB will have on the development of banking policy will be through Permanent TSB itself as opposed to through its investors.
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