Oireachtas Joint and Select Committees

Tuesday, 10 July 2018

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

Matters Relating to the Banking Sector: KBC Bank

2:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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KBC estimated that this would cost the bank in the region of €4 million in 2016.

In 2018 the provision is €120 million. Perhaps Mr. Verbraeken might tell us how the bank got it so wrong and how many people have been held to account within it for taking so much money from customers to date.