Oireachtas Joint and Select Committees

Thursday, 24 November 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Allied Irish Banks

9:30 am

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

AIB closed down small branches and branches in rural Ireland. I cannot imagine that those branches, with two or three staff, were producing huge overheads to service communities. AIB closed them down. It was not offering a solution to people. AIB closed them down without consultation with the very people who propped up the banks. There are people in rural areas who are elderly and do not have broadband. Mr. Byrne referred earlier to 50% of people engaging digitally because they are forced to but it also means there is 50% who are not engaging digitally and who have to queue up at these mobile units without any protection from the weather. How much has AIB saved by closing these branches and putting these units in place?

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