Survey shows 17% of consumers have no current account

Almost one in five consumers do not have a current account, according to a report published by the Financial Regulator last week.

21st June, 2008

Almost one in five consumers do not have a current account, according to a report published by the Financial Regulator last week.

The preliminary report from the regulator’s first major study of the financial capacity of Irish consumers found that 17 per cent of them do not have a current account.

According to the report, some 44 per cent of Irish consumers are not prepared to take a risk with their savings and investments,...

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