Oireachtas Joint and Select Committees

Wednesday, 25 May 2022

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

Withdrawal from Irish Banking Market (Resumed): Engagement with Financial Services Union and Electric Ireland

Photo of Mick BarryMick Barry (Cork North Central, Solidarity) | Oireachtas source

That is an important point to come from this meeting, in that, despite the banks pointing to the recruitment of people that is taking place, people are also leaving, numbers may be continuing to decline overall and the Financial Services Union has voiced its support for the idea of a moratorium on those job losses, at least until such time as the exit by KBC and Ulster Bank has been processed.

I wish to pick up on a point that Mr. O’Connell mentioned in passing while responding to Deputy Tóibín. On the question of cash shortages at ATMs, Mr. O’Connell mentioned the prospect of banks charging for ATM services. Will he give us an insight into his concerns about this issue?

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