Reversal of AIB’s decision to go cashless hugely welcomed

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  • Move was ageist and anti-rural
  • Common sense has prevailed

 

Fianna Fáil TD for Clare Cathal Crowe has welcomed the announcement by AIB that it will no longer proceed with plans to turn 70 of its 170 branches nationwide cashless.

The plans would have seen Kilrush, Killaloe, Shannon and Ennistymon all effected.

“The rescinding of the move towards cashless branches by AIB is an announcement that will see a huge sigh of relief breathed across Clare today,” said Deputy Crowe.

“This should caution the financial sector that the while pace of change in the world is moving rapidly, for a lot of people, the move too cashless was too much, too soon.

“This would have been anti-business, anti-rural and ageist – points that I vociferously made to Colin Hunt, CEO of AIB, when I wrote to him.

“Yesterday, Councillor Cillian Murphy and I visited the AIB branch in Kilrush – one of those that would have been impacted – and we also met with a number of businesspeople around the West Clare area who were deeply concerned by this move.

“In particular, they feared having to drive long journeys with large amounts of cash to make deposits after weekend trading.

“I’m glad to see that common sense has prevailed and that AIB has rowed back on this decision.”

-ENDS-