Banks issue is at crisis stage, says Kilkenny TD
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Chair of the Oireachtas Finance Committee John McGuinness is urging Bank of Ireland to reconsider its plans to close 88 branches in the Republic of Ireland, including four in Kilkenny, until a full plan is agreed with the Government.
Deputy McGuinness has described the current situation as ‘farcical’ . He says there appears to be no plan for revising the banking landscape in the coming years, which was to the detriment of small businesses, farmers and rural communities.
Bank of Ireland announced this week that is closing 88 branches in the Republic of Ireland including branches in Graignamanagh, Callan, Urlingford and Thomastown leaving just two branches remaining open in Kilkenny the city and Castlecomer. The affected branches are due to close in September.