Oireachtas Joint and Select Committees

Wednesday, 19 October 2022

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

Withdrawal from Irish Banking Market (Resumed): Engagement with Ulster Bank and KBC Ireland

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

Ulster Bank is changing the rules of what the bank set out to do because it is not meeting its targets. The target was the closure of accounts. Now Ulster Bank is talking about inactive accounts. However, these inactive accounts are really accounts that have some activity on them.

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