135. Deputy Ged Nash asked the Minister for Finance his views on whether additional fees being imposed on current account holders of a bank (details supplied) from 28 November 2020 are justified in view of recent reports from market analysts that suggest that the organisation has more than enough capital to cushion the Covid-19 crisis; his views on whether these new charges are regressive and will particularly effect lower income customers, given that they remove the existing option of fee-free banking for those customers who keep at least €2,500 in their current accounts; if he plans to discuss this with the organisation and seek an indefinite suspension of these fees; and if he will make a statement on the matter. [39156/20]

Summary

135. Deputy Ged Nash asked the Minister for Finance his views on whether additional fees being imposed on current account holders of a bank (details supplied) from 28 November 2020 are justified in view of recent reports from market analysts that suggest that the organisation has more than enough capital to cushion the Covid-19 crisis; his views on whether these new charges are regressive and will particularly effect lower income customers, given that they remove the existing option of fee-free banking for those customers who keep at least €2,500 in their current accounts; if he plans to discuss this with the organisation and seek an indefinite suspension of these fees; and if he will make a statement on the matter. [39156/20]

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• Bank Charges

  xml · EN · 26 November 2020

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