Oireachtas Joint and Select Committees

Wednesday, 1 December 2021

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

Withdrawal from Irish Banking Market: Engagement with KBC

Mr. Ale? Bla?ek:

Once it was established that there was a continuation of the harm, we stopped the harm immediately. We have accepted all of the findings of the Central Bank of Ireland. I want to reiterate that it is a great regret of our group CEO, who has apologised without any conditions for his words, which were quite unfortunate, and he recognised them as such. As soon as the Central Bank of Ireland confirmed we had to stop certain actions, we fully stopped those actions.