Dáil
‹ Ceisteanna — Questions. Oral Answers. - Central Bank. Commercial bank representation on board
Summary
De Rossa argued that commercial bank interests are overrepresented on the Central Bank board and called for greater protection of the public interest. The Minister disagreed, noting that two of the nine members are commercial bank directors.
As regards the membership of the board of the Central Bank, would the Minister agree that there is a preponderance of commercial bank interests on the board? Does he not feel that the position should be redressed in view of the primary need to protect the interests of the general public rather than simply the interests of the shareholders and directors of the commercial banks?
