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

I cannot connect with what Mr. Mulhall is saying when I see the reality of moving a branch so that one's nearest branch of AIB is then 40 miles or 50 miles away. AIB used to be a community bank. I have experience of AIB in Britain and it was a community bank that engaged with its customers. It is removing itself further and further from that customer base. It is ignoring people in rural areas. I ask the witnesses to look at that again. We are trying to get the Government to use the CSO survey to ask people their opinions on banking and the banking services they need. I welcome that AIB is looking at giving more autonomy to branch managers. I can see AIB is doing something but I ask that it looks again at some of the branches that have been closed down.

In terms of the bank overall, is it ready for selling off now?

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