Oireachtas Joint and Select Committees
Wednesday, 30 June 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Banking Matters: AIB
Dr. Colin Hunt:
To my knowledge, those numbers would be very high. The key thing is that there is no difference in the remuneration arrangements that existed when Goodbody was majority owned by Fexco. We are not changing the remuneration restrictions. We are changing the ownership of Goodbody. We are changing the ownership of Goodbody in order to allow this bank to have at its disposal a full set of products and services to best to equip us to meet our personal and business customers’ demands.