Call for talks on future of banking

By Dan Walsh

Following the decision of AIB to withdraw certain cash services at branches in Gorey and New Ross, Senator Malcolm Byrne, along with his Fianna Fáil parliamentary party colleagues, are looking to meet with the Minister for Finance and AIB to discuss the future of banking services.


In a statement to this morning Senator Byrne said; “There is annoyance about AIB’s decision to withdraw a substantial proportion of its community banking services. This is particularly concerning for vulnerable service users and small businesses who rely on cash services provided in bank branches.
“While it has to be acknowledged that digital banking and new platforms such as Revolut are changing how consumers save and spend money, we must be cognisant that cash services remain vital to many.
“It is hoped that through engagement, particularly as the State remains a shareholder in AIB with the Minister for Finance holding the shares, a better outcome can be found. 

“There is a particular worry for some vulnerable groups who rely much more on cash than other sectors of society,” concluded Senator Byrne.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: