Oireachtas Joint and Select Committees
Wednesday, 1 February 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with Ulster Bank and KBC Bank Ireland
Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source
How then does a financial institution, such as we heard about in the past week, make a major intrusion into the Irish market given that similar circumstances would apply, which we have all talked about in the past? Ms Howard might comment as to why that would not be possible, given that Ulster Bank is departing the market here and that a new bank lending institution, venture fund or whatever is coming into the market from the same location?
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