Irish Examiner view: Naive to expect more from banks

Banks' exit
Irish Examiner view: Naive to expect more from banks

generic stock business banks Ulster Bank Cash machines, cornmarket, Belfast

The fact that Ulster Bank and KBC are pulling out of the Irish financial market reduces competitiveness in the sector going forward, which is bad news for competitors. 

Online operator Revolut, not without its own customer service problems in recent months, is soon to offer Irish IBANs, which is at least a boost to consumers seeking a wider range of options.

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