Paying for the banks' folly
Customers should brace themselves for a fundamental transformation of the country's banking sector, writes Richard Curran.
AIB has ratcheted up the pressure on the future of bank branches around the country with its announcement of closures and a tie-up with An Post. Long overdue in purely financial terms, the cost-cutting at AIB is part of a new reality being faced by banks. AIB joins a growing list of banks that are scaling back their physical presence on Irish streets.
Bank of Scotland (Ireland) has closed its 44 branches. National Irish Bank...
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