Dáil debates

Thursday, 22 September 2022

Ceisteanna Eile - Other Questions

Banking Sector

11:30 am

Photo of Brendan SmithBrendan Smith (Cavan-Monaghan, Fianna Fail) | Oireachtas source

The Minister may recall I have been raising with him constantly in this House the difficulties arising for customers of KBC Bank and Ulster Bank due to their exiting the State. As he will be aware, the Border region areas, such as Cavan-Monaghan, had a heavy reliance on Ulster Bank, which had a great network of branches in the past that, unfortunately, diminished big time. The exiting of these banks from the State, in particular Ulster Bank, creates further difficulties for people in areas such as mine, where there will be a significant diminution in the level of financial services available. Furthermore, of course, people are meeting ongoing difficulties in setting up new accounts with other financial institutions.


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