Oireachtas Joint and Select Committees

Tuesday, 4 April 2017

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

Banking Sector: Quarterly Engagement with Central Bank of Ireland

10:00 am

Professor Philip Lane:

It remains the case that any individual should contact their bank if they have specific concerns about their case. All the banks invite that. I agree with the Deputy that one of the ways consumers should be represented is through the consumer voice in the process. On top of that, the appeals set-up has a majority of independent members to ensure non-bank interests have the majority vote.