Irish banks make three times more per customer

AIB and Bank of Ireland customers are being ripped off, with the banks making nearly three times as much profit per customer as their European counterparts, a study shows.

The study by Wall Street financiers JP Morgan found AIB and Bank of Ireland earn the most profit per customer of Europe’s leading banks.

The average profit per customer in AIB and Bank of Ireland is €341 a year, nearly three times the European average of €123.