Press release
Minister Donohoe welcomes AIB decision not to proceed with withdrawal of cash services
Published on
Last updated on
Published on
Last updated on
The Minister for Finance welcomes AIB’s decision not to proceed with the withdrawal of cash services from 70 of their branches.
Commenting on the decision, Minister Donohoe said:
“Banks have a key role in maintaining the flow of cash through the economy and ensuring appropriate access to retail banking services for all in society, including the vulnerable. I note the significant public reaction to AIB’s announcement earlier this week and I welcome the Bank’s decision not to proceed with the proposed changes to customer services in certain branches.
"We have seen many changes to our banking sector in recent years, driven by factors including advances in technology and changing consumer demand. It is against that background that I launched the Retail Banking Review to assess how the sector can be best positioned to meet current and future customer needs. I look forward to receiving the recommendations of the Review later in the year.”