EU concerned over lack of Irish banking choice

first_img WhatsApp 75 positive cases of Covid confirmed in North Pinterest WhatsApp Twitter Google+ Gardai continue to investigate Kilmacrennan fire By News Highland – November 27, 2013 Twitter Main Evening News, Sport and Obituaries Tuesday May 25th RELATED ARTICLESMORE FROM AUTHOR Google+center_img Pinterest Further drop in people receiving PUP in Donegal Facebook News Facebook Man arrested on suspicion of drugs and criminal property offences in Derry Previous articleTwo teenagers attacked and robbed by gang weilding batons in LetterkennyNext articleMinister says the answer to health service problems is accuracy News Highland The Director-General of the European Union internal market division has expressed concern over the lack of banking choice in Ireland.Due to the banking crash only two major banks now remain in the Irish market place.According to Jonathan Faull who oversees the EU internal market, this scenario is not good for Irish consumers.Speaking in Brussels he said Irish people need to give greater consideration to internet banking.”I hope that the advent of internet banking will make it easier for banks to enter each other’s markets and for new companies to enter the banking business” he said.”You don’t need an expensive network of branches anymore – you can do it online”.”What we’re seeing in many countries is the emergence of internet banking as a genuine alternative” he added. EU concerned over lack of Irish banking choice 365 additional cases of Covid-19 in Republic last_img