Oireachtas Joint and Select Committees
Wednesday, 31 October 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functioning of AIB: Discussion
3:05 pm
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
What skill set does AIB have? Mr. Duffy is talking about going back to the branch network.
I saw business proposals sent to AIB which I thought were reasonable but which were turned down.
AIB is closing eight of its 18 branches in Limerick, the highest percentage of any branch network outside County Donegal. This year in County Donegal there is only one branch closing, while in Limerick there are five. The Munster & Leinster Bank, the forerunner of AIB, was very strong in Limerick. In Cork there are only seven branches closing, or 18% of the network, while in Dublin the figure is 11% and in Galway, 13%. Why is the figure in Limerick so high at 44%? After this exercise there will be no AIB branch in east Limerick.
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