Paddy Burke (Fine Gael) | Oireachtas source

I welcome the three groups. What advantage does Mr. Ó Muilleaneoir see in setting up this type of bank? A number of years ago, when some new banks were coming into the country, I spoke in the Seanad and said in Castlebar alone there were 14 or 15 outlets where one could get money. Although people said it was good for competition. I did not take that view. I could not see how a small town such as Castlebar could support 14 or 15 places where people could get money. This is replicated throughout the country. What is the advantage in this type of bank that is not already catered for by the three pillar banks and the credit unions?