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 John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

Regarding legal processes KBC is engaged in relating to outstanding loans or vulture funds where customers took court action and the court found in their favour, are there outstanding cases to be resolved or outstanding decisions by the court resulting in KBC having to pay a customer? Does it owe customers any money from court processes? Has it paid everyone?

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