Banking Federation chief defends BoI interest rate rise

The head of the Irish Banking Federation Pat Farrell has said banks must raise prices and make a profit, whether or not they are getting State support.

Banking Federation chief defends BoI interest rate rise

The head of the Irish Banking Federation Pat Farrell has said banks must raise prices and make a profit, whether or not they are getting State support.

Bank of Ireland announced yesterday that they were raising interest charges on a number of products.

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