Public banking system ruled out; Severance package agreed for 30 Gardaí

The Government has ruled out setting up a system of community banking for consumers on the basis that post offices and credit unions are already prevalent in areas.

Public banking system ruled out; Severance package agreed for 30 Gardaí

The Government has ruled out setting up a system of community banking for consumers on the basis that post offices and credit unions are already prevalent in areas.

Finance Minister Paschal Donohoe will release a report this week on research into the public banking model. The examination was part of a Programme for Government commitment.

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