Bank deregulation could save €1.2bn

GREATER competition among banks would save the economy €1.2 billion annually, according to a new report.

Bank deregulation could save €1.2bn
Tue, 16 Mar, 2004 - 00:00
Brian O'Mahony, Chief Business Correspondent

Both personal customers and the small firms sector stand to save €524m in interest payments annually.

The economic impact of the lower charges would add €700m to the country's annual GDP figures.

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