Dáil Éireann Debate, Tuesday - 10 May 2022
284. Deputy Brendan Smith asked the Minister for Finance if he will support the inclusion of a representative organisation (details supplied) as a key stakeholder in all negotiations concerning the exit of banks from this State; and if he will make a statement on the matter. [23431/22]
Amharc ar fhreagraMinister for State Fleming and I, as well as my officials, have regular contact with the Financial Services Union (FSU). I recently met with the General Secretary and the Head of Communications and Public Affairs of the FSU on 11 April 2022.
At that meeting, I advised that my Department will be monitoring closely the number of accounts that have closed/switched over the coming months and will continue to engage with all stakeholders, including the FSU, to ensure that the impact of the withdrawals is minimised on both customers and bank staff.
My officials and I will continue to liaise with the FSU on the withdrawal of KBC and Ulster Bank and on the longer term future of the retail banking sector as my Department’s Review of the Retail Banking Sector continues.
Along with other stakeholders , representatives of the FSU have been invited to attend the Retail Banking Dialogue organised by my Department on 16 May 2022 in Tullamore.
