So much for a change in attitude towards our banks
Enda and FG promised so much when talking about the banks during the election
Yet despite owning 95% of AIB, and BOI only able to operate because of state guarantee, they have given the 2 fingers to Enda and told him that they wont pass on the ECB rate cut
AIB, BoI refusal to cut rates 'pathetic' - RT News
Minister of State at the Department of Finance Brian Hayes has described the refusal of AIB and Bank of Ireland to pass on ECB interest rate reductions as "pathetic".
Seems that FG banking policy is pathetic
They told us they failed in negotiations with the ECB over the bonds
Now even when they own the companies they cant even negotiate