Oireachtas Joint and Select Committees
Tuesday, 23 October 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Report on Local Public Banking: Discussion
1:30 pm
Mr. Ed Sibley:
I can see that there are similar factors at play here as in the mortgage market which is a degree of growth in the economy, a recovery of the banking system, some degree of increased competition between the banks, and also some degree of competition coming from outside of the banking system. All that, and continued addressing of the legacy of debt and non-performing loans should, hopefully, address that issue over time.