Bank of Ireland Closure of Branches a Slap in the Face for Rural Ireland – IFA

IFA President Tim Cullinan said today’s announcement from Bank of Ireland is very disappointing news for farming and rural communities.   “This comes as a slap in the face to farmers and rural communities who rely on local branches for banking services. We estimate that over 80% of the branches identified for closure are in […]

Time is money, we must move on banking union – Prendergast

Labour MEP for Munster, Phil Prendergast, expressed her support for a European supervisory mechanism for all banks and urged the Commission and Member States to move swiftly on single banking resolution and deposit guarantee schemes.   Speaking this afternoon at a European Parliament debate, in Strasbourg, on the eve of Parliament’s decision on prudential supervision reform, Ms. Prendergast said:   “The systemic, cross-national […]