Oireachtas Joint and Select Committees
Wednesday, 14 February 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with the Central Bank of Ireland
Rose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source
Obviously competitiveness is a big issue for us here. We do not have adequate competition in the banking market. How does the Central Bank deal with that lack of competition in the context of greater regulatory oversight and action? What steps has the Central Bank taken to ensure that the banks pass on interest rate increases to savers in a timely manner? Obviously the banks are making huge amounts of money with €90 billion at 4%. What is the Central Bank doing to make sure-----
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