Joint Committee on Finance, Public Expenditure and Reform and Taoiseach to meet Ulster Bank and KBC for update on withdrawal from Irish market

Speaking ahead of the meeting at 1.30pm in Committee Room 3 of Leinster House, Committee Cathaoirleach Deputy John McGuinness said: “The impending withdrawal of Ulster Bank and KBC from the Irish market continues to cause considerable stress for customers of both banks as they look to move their accounts and business to alternative banks. The Committee remains concerned by the impact this is having on customers, in particular problems relating to the transfer of direct debits, and we look forward to hearing a positive update from the representatives of Ulster Bank and KBC on these and related matters.”

The Joint Committee on Finance, Public Expenditure and Reform and Taoiseach has 14 Members, nine from the Dáil and five from the Seanad.

The meeting in Committee Room 3 can be viewed live on Oireachtas TV.

Committee proceedings can also be viewed on the Houses of the Oireachtas Smartphone App, available for Apple and Android devices.