Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation
Dail Éireann — 2020-12-03
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Alan Kelly (LAB), Tipperary

AIB has announced it will cut 1,500 jobs, closing many rural branches again. The State owns 71% of the bank. My party was the only party in the State that voted against bailing the banks out ten years ago or more. AIB had profits of €1.25 billion in 2018 and €500 million in 2019. Now it is engaged in a vanity project of buying back Goodbody Stockbrokers, which it sold during the crash. It is also charging serious fees to people who have less than €2,500 in their bank accounts and will not engage with the Financial Services Union. What will the Government do to protect those workers in a bank that is 71% owned by the State?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2020-12-03/debate/main
Retrieved: 2026-08-14T04:48:53+00:00
Sitting date: 2020-12-03