Banking Sector
Dail Éireann — 2020-11-26
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Paschal Donohoe (FG), Dublin Central

The matters the Deputy referred to regarding whose services NatWest and Ulster Bank are procuring are not matters in which I am involved, as the Deputy knows. This is a bank in which the State does not have a formal stake or role. Who it procures to provide services is not a matter in which I have any role. Where I have a role is in relaying the strong concerns I have about changes that could happen in relation to the future of Ulster Bank. Far from being passive on this matter, as I informed the Deputy, I have already met Ulster Bank on this matter and I met the then chairman of Ulster Bank at that meeting. I became aware of his resignation at roughly the same time it became apparent to the public. I plan to meet and engage with Ulster Bank again in the coming weeks. I will continue to engage with its owner on the matters which, as Deputy Doherty says, are very serious for banking, employees and the economy.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2020-11-26/debate/main
Retrieved: 2026-08-14T04:48:51+00:00
Sitting date: 2020-11-26