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LISTEN BACK: More than 8 in 10 people feel bank closures will be 'detrimental' to local communities

Jul 5, 2022 11:07 By News Northern Sound
LISTEN BACK: More than 8 in 10 people feel bank closures will be 'detrimental' to local communities LISTEN BACK: More than 8 in 10 people feel bank closures will be 'detrimental' to local communities
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More than 8 in 10 people feel bank closures will be 'detrimental' to local communities.

The survey finding by Peopl Insurance comes amid Ulster Bank and KBC's impending withdrawal from the Irish market.

This is having a particular impact locally, with Co Cavan losing three bank branches in one month alone.

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The survey also found that 4 in 10 will switch bank if their local branch closes.

Peopl Insurance provides home, life, and travel insurance in partnership with a range of credit unions across the country.

Our reporter Diarmuid Pepper spoke to its CEO Paul Walsh on the survey findings:

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