Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

I would like to emphasise for AIB that businesses are struggling on a week-to-week basis and in terms of cash flow are counting the lodgment they make to this on a week to week basis. If they had to close in the morning, they would have an exposure of several thousand euro for these machines for another two or three years, even though no longer trading. This indicates a poor level of practice on the part of AIB. Many of these businesses did not realise that when they converted to First Data Global Leasing, they were entering a contract of a long-term leasing arrangement. Up to then, they were engaged in a month-to-month rental with AIB merchant banking.