Oireachtas Joint and Select Committees

Tuesday, 28 November 2017

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Cost of Doing Business in Ireland: Discussion (Resumed)

4:00 pm

Photo of Kevin HumphreysKevin Humphreys (Labour) | Oireachtas source

On the high cost of banking, have the representative organisations been able to compare charges in Ireland with those in other European countries?

I am aware of the high transaction charges so what charges are levied with respect to the lodgement of cash and elements like that? It is a big deal in the competitiveness element.

We have taken issue with insurance and costs in the motor and household sectors. The jump from €10,000 to €100,000 is enormous. Is the business to carry the first 25%?

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