Banking

Ian Guider: Banks could lose more than business by alienating SMEs

The government is finally assessing the new landscape of Irish banking, which displays a huge gap between service provided and the needs of business customers

In the coming weeks, officials in the Department of Finance will land one more document on the desk of Paschal Donohoe, potentially the last significant policy document of his tenure as minister.

For the past year, the department’s staff, along with those from the Central Bank and the Competition Authority, have been studying the state of the Irish banking sector in the context of the imminent exits of Ulster Bank and KBC.

The department and ...