‘Bank of Ireland squeezing struggling families harder than any other bank’

Bank of Ireland is squeezing struggling Irish families harder than any other bank and the result for households is “disaster”, the Dáil has been told.

Wicklow TD Stephen Donnelly said that in its efforts to drive up its share price, Bank of Ireland was not offering sustainable solutions similar to other banks and the chances of families having a successful outcome when negotiating with BoI was “much less”.

“Deferred interest, payment moratorium and permanent interest rate reduction are not Bank of Ireland solutions.