Taoiseach Asks AIB To ‘Reflect’ On Cashless Branch Moves

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An Taoiseach Micheal Martin. Fianna Fáil Leader.

AIB says it’s happy to engage with An Taoiseach Micheál Martin, following his call for the bank to reconsider its decision to make 70 of its branches cashless.

In a statement, AIB says it will retain its 170 strong branch network in its entirety in communities across the country.

The bank says customers can lodge and withdraw money at their local Post Office, and the distance to a local post office from a repurposed bank branch is less than 350 metres.

Speaking in Singapore earlier, Taoiseach Micheál Martin said AIB has a moral obligation to honour a social contract with society:

I think AIB should reflect on this. I think the banks are part of society. They’ve got obligations as well, in terms of the social contract and I understand the changing patterns in banking.

Different generations approach banking in different ways. We are moving towards a more cashless society, but that said, there are significant cohorts of people, businesses and towns across Ireland who need this facility and I do believe AIB and the banks should take notice of this.”