Proceeding contribution from Mark Durkan (Social Democratic & Labour Party) in the House of Commons on Wednesday, 24 March 2010. It occurred during Adjournment debate on Presbyterian Mutual Society.
Presbyterian Mutual Society
On a commercial solution, and going back to the circumstances of the collapse, does the Minister recognise that there is evidence of predatory moves by some of the banks in Northern Ireland, which told people, "Move your money out of the PMS because it's not covered by guarantee and give it to us"? People are rightly questioning why some of those banks cannot come forward now, not least when some of them have been covered by intervention by the British or Irish Governments.
Secondary information
- Type
- Proceeding contribution
- Reference
- 508 c89-90WH
- Session
- 2009-10
- Chamber / Committee
- Westminster Hall
- Subjects
- Assets Financial services Insolvency Personal savings Northern Ireland Provident societies Presbyterian Mutual Society
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- Timestamp
- 2023-12-05 22:21:01 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_633693
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