Oireachtas Joint and Select Committees
Wednesday, 30 June 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Banking Matters: AIB
Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source
Why are AIB and some other banks offering cash back to borrowers? Surely that is deception in that it creates the impression that a great deal is being done and a job is being done to assist the customer. It is actually a marketing ploy which could lead to unwise lending or unwise borrowing in that the customer could become convinced he or she is operating in a safe market, as was the case in the halcyon days.
No comments