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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I appreciate that Mr. Verbraeken talked about the evolution of the bank which extends to current accounts. Does it have any intention of following its parent company which does recognise unions, given the position of KBC? It is welcome that KBC is committed to Ireland. We need banks like it, but we also need a far better culture within it. We need competition within the economy. Does the bank intend to recognise trade unions in the same way as its parent company does in Belgium? Is that something that is under consideration or the bank is willing to consider?