Banks must become more competitive

THE Banking Sector Strategic Issues, a review of Irish banking, has been gathering dust since it was published jointly in July 2000 by the Central Bank and the Department of Finance.

Banks must become more competitive
Wed, 17 Mar, 2004 - 00:00
Brian O'Mahony, Chief Business Correspondent

The report found Irish banks were among the most profitable in Europe as well as being the most costly from a consumer point of view.

"Irish bank charges were among the highest, ifnot the highest in Europe," said Eddie Hobbs, theConsumers' Association spokesman on finance.

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