Dáil debates

Tuesday, 9 May 2023

Ceisteanna Eile - Other Questions

Banking Sector

10:20 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

The Ulster Bank abandoned approximately 1 million loyal customers. We have vulture funds, such as Lone Star Funds, Mars Capital Ireland and Start Mortgages ripping people off with ridiculous interest rates. Is it not time for a public not-for-profit banking system? Instead of selling off the remaining Government share in Permanent TSB and AIB, we should use those institutions, which we still control, to set up a not-for-profit public banking system that cares about the people of this country and its customers.

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