Absence of ATMs and bank branches would be ‘detrimental’ to wellbeing

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Finance committee report to focus less on money and more on role banking plays in society

A review document, produced by the Joint Oireachtas Committee on Finance, addresses the potential for rising interest rates to further squeeze those struggling with cost-of-living issues and seeks ongoing updates regarding the withdrawal of KBC and Ulster Bank from the Irish market.

“This report is not about money; it’s about how much a government will allow its people to be mistreated by powerful institutions and the central and very responsible role bankers, including our Central Bank, and other professionals in our society have,” wrote committee chair John McGuinness in a draft version of the report.

“While acknowledging that fewer customers are using such services, the provision of these facilities remains vital to those remaining customers, including vulnerable and elderly customers and those in rural and small communities,” the report states, adding that it was “vital” such groups retained access.

Regarding the withdrawal of Ulster Bank and KBC from Ireland, which it said was “one of the most significant developments in 2022″, the draft document notes ongoing concerns and recommends that the Central Bank report regularly to the committee on co-ordinated measures to protect affected consumers.

Source: News Formal (newsformal.com)

 

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But an advantage to tax revenue. Another move to a cashless state.

Como se todos pudessem ao mesmo tempo desassociar o tempo, do espaço, e coexistir apenas no espaço tempo. Para os campeões em isonomia, mas só o espaço para solver alguma contradição ou algo parcial no devido tempo

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