Dáil Éireann Debate, Tuesday - 6 December 2016
120. Deputy Pearse Doherty asked the Minister for Finance if the Central Bank will carry out an investigation into the activities of a bank's global restructuring division (details supplied) following the opening of a compensation scheme by a bank (details supplied) in the United Kingdom in recognition of its actions; and if he will make a statement on the matter. [38785/16]
Amharc ar fhreagraI am informed by the Central Bank, that Royal Bank of Scotland has indicated publically that "For SME customers of Ulster Bank in the Republic of Ireland that were in GRG during the period 2008-2013, we are working to see how we can apply the same support where appropriate. SME customers of Ulster Bank in the Republic of Ireland can contact the CRG Customer Helpdesk if they have any queries".
While the Central Bank cannot comment on interactions with regulated firms, it can confirm that Ulster Bank Ireland D.A.C. is engaging with the Central Bank in relation to this matter.
