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
Fri, 26 Feb, 2010 - 07:53

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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