John McGuinness (Carlow-Kilkenny, Fianna Fail)
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KBC will now give us an update on its recent announcement regarding its withdrawal from the Irish banking market. The chief executive officer of KBC is with us, as is the executive director and chief risk officer. The chief executive officer will give us a brief opening statement and then members will discuss the various issues with the representatives of the bank. I again remind members of the notice of privilege and that it is a long-standing parliamentary practice that members should not comment on, criticise or make charges against a person or an official outside of the Houses either by name or in such a way as to make him or her identifiable. I now ask for the opening statement.