Dáil debates

Wednesday, 4 November 2015

Ceisteanna - Questions - Priority Questions

Action Plan for Jobs

9:55 am

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail) | Oireachtas source

The indicators show it is becoming harder to start a business and secure credit. The Minister referred to several banking initiatives. What is his reaction to this morning's announcement by Bank of Ireland that it will restrict cash dealings at branches, that is, lodgements and withdrawals, to amounts of more than €700? This decision will make it much harder for small businesses, particularly in the retail sector, to do their day-to-day banking, not to speak of older people and others who do not live near bank branches. It will make it more difficult for small businesses, especially retail service businesses which are customers of Bank of Ireland, to operate. What is the Minister's response to Bank of Ireland's announcement?

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