Dáil debates
Tuesday, 8 November 2022
An tOrd Gnó - Order of Business
4:00 pm
Michael Collins (Cork South West, Independent) | Oireachtas source
The State has announced the sale of 8% of the majority stake in AIB in one go. The track record of AIB with its customers can, at least, be questioned. When AIB closed its Schull branch many years ago, the people of Schull and the Mizen Peninsula were promised a mobile bank but AIB is now using every excuse to avoid showing its face in the town. A few months ago, AIB decided to make a huge number of its branches, including those in Castletownbere, Dunmanway and Kinsale, cashless. I am looking for a straight "Yes" or "No" answer. As one of the two Ministers with responsibility for finance, and in light of the State owning 71% of AIB, was the Minister, Deputy Michael McGrath, aware that AIB planned to making its branches cashless before it announced that decision?
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