Oireachtas Joint and Select Committees

Thursday, 1 December 2016

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

Banking Sector in Ireland: Ulster Bank

9:30 am

Mr. Paul Stanley:

We are just making the point that the regulatory cost is higher than it was three to five years ago. At the end of the day, that cost feeds into the cost base of the organisation and ultimately has to be reflected in some way as a cost of doing business. Our customers, in some way, pick up that cost as time goes by.