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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: Does Ms Howard have any concerns about it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: I thank our guests. I was going to raise an issue relating to a member of the public who contacted each member of the committee but, in fairness to Deputy Tóibín, he has started raising that person's issues, so I will leave that to him.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: I thank our guests for attending. As I think they have all said, this is, obviously, a very significant event whereby two banks in a relatively small banking sector with limited competition are moving out. The concern of this committee, and I am sure of our guests, is that we want to see a smooth transfer of those hundreds of thousands of bank account holders to one of their banks. We have...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: Can I take it from that that Mr. Farrell expects an additional 150 people willb e on the ground to engage with people?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: I am slightly concerned when I hear Mr. Farrell say "or on the phone". The bank is going to move people to Ulster Bank branches. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: I am conscious it is a very significant task involving hundreds of thousands of customers. Is Mr. Farrell satisfied the numbers he outlined are sufficient to accommodate the number the bank hopes to accept?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: I am sure there are customers of Ulster Bank, and indeed KBC, who have overdraft facilities at present, and I assume it is not the case that the bank can guarantee them the same overdraft facility if they move across. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: I note the general question but is the credit assessment that PTSB would perform on a potential customer relatively similar to the credit assessment that would have been performed in the past by Ulster Bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: Could I ask Mr. O'Keeffe the same question in respect of extra human resources in order to enable face-to-face meetings? What level of extra resources has AIB put in?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: Are the extra resources being focused in areas where there are pre-existing Ulster Bank or KBC branches?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: Would the answer be the same for Mr. O'Keeffe and Mr. Nugent in respect of the issue about overdraft facilities? Is the same type of credit assessment done?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: What extra resources is the Bank of Ireland putting in place to facilitate customers who want face-to-face interaction?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: Is Ulster Bank allowing all three banking institutions into their branches at present?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: Obviously they are the people who need face-to-face banking.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: They are the people who are going into Ulster Bank and KBC branches.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland (18 May 2022)

Jim O'Callaghan: Sorry, I was going to ask Mr. Hayes a question but I will do it another time..

Written Answers — Department of Justice and Equality: Citizenship Applications (17 May 2022)

Jim O'Callaghan: 600. To ask the Tánaiste and Minister for Justice and Equality the number of applications for citizenship received by Irish Naturalisation and Immigration service monthly in each of the years from 2017 to 2022, in tabular form; the applications processed by the service monthly in tabular form; the length of time it took to process these applications per year; and if she will make a...

Written Answers — Department of Justice and Equality: Citizenship Applications (17 May 2022)

Jim O'Callaghan: 601. To ask the Tánaiste and Minister for Justice and Equality the current target of the Irish Naturalisation and Immigration Service to process citizenship applications; if additional resources will be allocated to reduce processing times; and if she will make a statement on the matter. [24415/22]

Joint Oireachtas Committee on Education and Skills: Future Funding of Higher Education: Discussion (Resumed) (17 May 2022)

Jim O'Callaghan: I want to commend and thank all three guests for taking on the position of chair of their governing bodies. It is difficult in this country to get suitably qualified people to take on roles on State boards. A lot of people do not want to do it. You end up being exposed to Oireachtas committees or public scrutiny. It is very important for the technological universities that the people who...

Joint Oireachtas Committee on Education and Skills: Future Funding of Higher Education: Discussion (Resumed) (17 May 2022)

Jim O'Callaghan: In his opening remarks Dr. Prendergast said that 30% of courses in SETU are co-created with partners. Does that have any funding implications? Do the partners bring money to the table? What role do they play?

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