SENIOR FIGURES IN Ulster Bank are set to be grilled by the Oireachtas Finance Committee today as the bank continues to struggled to deal with major problems facing customers.
The bank refused to say whether CEO Jim Brown will appear before the committee.
A spokesperson said to TheJournal.ie that the bank has engaged with government “at its most senior level” but that it won’t comment on who will be appearing at the committee.
It is expected that the Ulster Bank representatives will make a statement about recent events before the floor is opened up to questions from the Oireachtas members. The committee is made up of 21 TDs and 6 Senators.
The committee yesterday met with Central Bank representatives who said that Ulster Bank must compensate anyone who incurred costs and charges because of the disruption.
“We know customers are frustrated and they are right to be,” Ulster Bank CEO Jim Brown said yesterday. Many customers are still experiencing delays in payments being received into their accounts, more than two weeks after the initial technical problem was identified on 19 June.
The meeting of the joint Oireachtas Committee on Finance, Public Expenditure and Reform starts at 2.30pm in Committee Room 4 in Leinster House and TheJournal.ie will be running a liveblog to follow events this afternoon.
To embed this post, copy the code below on your site
have your say