So AIB have finally got sense and decided to pass on the ECB rate cut but the other banks -Bank of Ireland & Ulster Bank – are still refusing.
They even said no to an Taoiseach when he asked them to pass it on. Apparently he has now asked the Financial Regulator to let him know what authority he needs to be given, so he can have more power over the banks and make them pass cuts on the public.
This country is nuts!!! We are bailing the banks out yet they are still screwing us…..madness!!