Oireachtas Joint and Select Committees

Thursday, 21 September 2017

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

Banking Sector in Ireland: Bank of Ireland

9:30 am

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

Yes; it would be interesting to see them.

On Bank of Ireland's branch network, Mr. McLoughlin has clearly pointed out that in the past six years Bank of Ireland has not closed any branch, which is to be acknowledged and welcomed. On the roll-out of branches that do not have over-the-counter facilities, if I get Mr. McLoughlin's terminology right, will he outline the exact number of branches the bank has, the number that do not offer over-the-counter services and where that number is heading? Whether anyone likes it - perhaps we do not like it - people get on with life, deal with the issue and manage their coin and foreign exchange transactions differently. Presumably, Bank of Ireland has a programme to roll out such branches and restructure branches. I acknowledge that my bank manager, Mr. Gavin Leech, Mr. Karl Manning and the people in south Dublin do a fantastic job. They are great ambassadors for Bank of Ireland's brand and the Montrose workspace is lovely. I cannot buy foreign currency there, but I will live with that. What is Bank of Ireland's total number of branches? How many do not offer over-the-counter services and where is the figure going in the next 12 months to two years?

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