Written Answers. - Banking Industry.

Tuesday, 23 May 2000

Dáil Eireann Debate
Vol. 519 No. 5

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  40.  Mr. Creed  Information on Michael Creed  Zoom on Michael Creed   asked the Minister for Finance  Information on Charlie McCreevy  Zoom on Charlie McCreevy   the progress made by the working party examining the banking industry; and if he will make a statement on the matter. [14226/00]

  88.  Mrs. B. Moynihan-Cronin  Information on Breeda Moynihan-Cronin  Zoom on Breeda Moynihan-Cronin   asked the Minister for Finance  Information on Charlie McCreevy  Zoom on Charlie McCreevy   the work being done by the working group advising him on restructuring of the banking sector; and if he will make a statement on the matter. [14293/00]

Minister for Finance (Mr. McCreevy): Information on Charlie McCreevy  Zoom on Charlie McCreevy  I propose to take Questions Nos. 40 and 88 together.

The working group on strategic issues facing the banking sector was established by me in Nov[1076] ember 1999. It is made up of representatives of the Department of Finance and the Central Bank.

The working group issued invitations to relevant organisations to make submissions. Submissions were received, mainly during February and March, from the industry associations, trade unions and the main banks. On foot of these submissions, the working group has had discussions with a number of organisations.

I expect the working group to submit its report to me in the near future.

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