08/09/2011
NAMA And NTMA Speak At Oireachtas
Another meeting was held today in the interest of Ireland's economic and banking system.
The Oireachtas Committee today met with The National Assests Management Agency (NAMA) and the National Treasury Management Agency (NTMA).
The committee has secured a series of meetings with the main players in the field of domestic and European finance.
The purpose of these sessions is to give the members of the Joint Committee an overview of the major issues that are facing the Irish economy and the banking sector.
Committee Chairman, Alex White TD, said: "This meeting will provide members of the committee with an opportunity to question NAMA chief executive Brendan McDonagh and NTMA chief executive John Corrigan on the roles that both organisations currently play and will play in improving Ireland's financial and economic fortunes.
"It is clear that both organisations have massive roles to play in the financial and economic management of this country and therefore are in a unique position to provide an in-depth picture of the present condition of the Irish financial system."
Over the coming weeks, the Committee will continue its rigorous consultation process with all the main players in the field of domestic and European finance. The Minister for Public Expenditure and Reform, Brendan Howlin TD, and the heads of Bank of Ireland and AIB will also attend upcoming meetings.
The committee has already met with The Irish Central Bank Governor, Patrick Honohan and the Mininster of Finance, Michael Noonan.
(LB/BMcC)
The Oireachtas Committee today met with The National Assests Management Agency (NAMA) and the National Treasury Management Agency (NTMA).
The committee has secured a series of meetings with the main players in the field of domestic and European finance.
The purpose of these sessions is to give the members of the Joint Committee an overview of the major issues that are facing the Irish economy and the banking sector.
Committee Chairman, Alex White TD, said: "This meeting will provide members of the committee with an opportunity to question NAMA chief executive Brendan McDonagh and NTMA chief executive John Corrigan on the roles that both organisations currently play and will play in improving Ireland's financial and economic fortunes.
"It is clear that both organisations have massive roles to play in the financial and economic management of this country and therefore are in a unique position to provide an in-depth picture of the present condition of the Irish financial system."
Over the coming weeks, the Committee will continue its rigorous consultation process with all the main players in the field of domestic and European finance. The Minister for Public Expenditure and Reform, Brendan Howlin TD, and the heads of Bank of Ireland and AIB will also attend upcoming meetings.
The committee has already met with The Irish Central Bank Governor, Patrick Honohan and the Mininster of Finance, Michael Noonan.
(LB/BMcC)
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.