15 Ean 2013, 11:18
Professor Patrick Honohan, Governor of the Central Bank of Ireland, will appear before the Committee on Finance, Public Expenditure and Reform tomorrow, Wednesday, 16th January 2013.
Ciarán Lynch, TD, Chairman of the Committee on Finance, Public Expenditure and Reform, said: “We have already met with the senior executives and Public Interest Directors at Ireland’s banks so that we can get a thorough understanding of the current state of individual Irish banks and the banking sector in general. Tomorrow, we will meet with Central Bank Governor Professor Patrick Honohan to discuss matters relating to the economy, including banking and credit provision. We will also be interested in getting Professor Honohan’s perspectives on the current state of our banking system, particularly in light of a recently leaked document in which the Troika is reported to be still concerned about the fragility of Irish banks. The Troika has also expressed concern about the low level of funding from banks to SMEs. A properly functioning banking system which provides credit to businesses and individuals is vital for the operation of our economy. The meeting tomorrow will give Members a chance to engage with Governor Honohan and raise any issues or concerns they may have in relation to these matters.”
This meeting will start in Committee Room 4, Leinster House at 2pm on Wednesday 16th January.
Committee proceedings can be followed live at:
http://www.oireachtas.ie/ViewDoc.asp?fn=/documents/livewebcast/Web-Live.htm&CatID=83&m=o
For further information please contact:
Ciaran Brennan,
Houses of the Oireachtas,
Communications Unit,
Leinster House,
Dublin 2
P: +3531 618 3903
M: 086-0496518
F: +3531 618 4551
Committee Membership
Deputies
Richard Boyd-Barrett, People Before Profit
Michael Creed, Fine Gael
Pearse Doherty, Sinn Fein
Stephen Donnelly, Independent
Sean Fleming, Fianna Fáil
Joe Higgins, Socialist Party
Heather Humphreys, Fine Gael
Kevin Humphreys, Labour Party
Peter Mathews, Fine Gael
Mary Lou McDonald, Sinn Fein
Ciarán Lynch, Labour Party (Chairman)
Michael McGrath, Fianna Fáil
Dara Murphy, Fine Gael
Timmy Dooley, Fianna Fáil
Kieran O’Donnell, Fine Gael
Arthur Spring, Labour Party
Brian Stanley, Sinn Féin
Billy Timmins, Fine Gael
Liam Twomey, Fine Gael
Simon Harris, Fine Gael
Aodhán Ó'Ríordáin, Labour Party
Senators
Sean D Barrett
Thomas Byrne
Paul Coghlan
Michael D’Arcy
Aideen Hayden
Tom Sheahan