Oireachtas Joint and Select Committees
Wednesday, 19 December 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB
3:30 pm
Michael McGrath (Cork South Central, Fianna Fail)
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What is Mr. MacSharry's vision for the bank? A restructuring is in place and there is the core business of providing mortgage lending. It is important that this business would be retained and developed, as well as providing more competition in the banking sector. Obviously, the bank is downsizing, has lost many staff and the directors are dealing with past mistakes. How does Mr. MacSharry see the bank developing in the future?