Oireachtas Joint and Select Committees
Wednesday, 30 June 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Banking Matters: AIB
Dr. Colin Hunt:
We provide banking for about 40% of the country's farms. For historical reasons, going back to our heritage as the Munster & Leinster Bank, we provide banking for about 50% of the country's dairy farmers. This is a critically important part of our customer base. I am not fully aware of the issues that the Chairman is referring to but I undertake to take the issue away and to respond in writing as soon as possible, certainly in the next days. We are keen to be supportive of agriculture. We have an especially important role to play with regard to dairy farming, which we are conscious of. I hear what the Chairman says. I do not have the facts at my disposal at this point in time but I undertake to look into this matter and I will come back expeditiously.
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