Irish Forums Message Discussion :: Irish banks most profitable in Europe

irelandIrish Forums :: The Irish Message Forums Irish Communityireland
Irish Forums :: The Irish Message
Forums About Ireland and the Irish Community, For the Irish home and Abroad. Forums include- Irish Music, Irish History, The Irish Diaspora, Irish Culture, Irish Sports, Astrology, Mystic, Irish Ancestry, Genealogy, Irish Travel, Irish Reunited and Craic

Search Irish Websitesireland
Irish Forums Bookmark The Irish Community Forums

Irish banks most profitable in Europe

       Irish banks most profitable in Europe Irish banks most profitable in Europe Information
Post New Irish Message Discussion In Irish Business News    Reply To Irish Community Message About Irish banks most profitable in Europe In Irish Business News
Irish Forums :: The Irish Message Forums- Irish Business News- Irish banks most profitable in Europe
Irish Author Irish banks most profitable in Europe Irish Business News Irish Message
Moving To Ireland








Irish Business News Discussion:     Irish banks most profitable in Europe

Irish banks have emerged as the most profitable
financial institutions in Europe, according to a European
Commission report

LOW labour costs and a high number of transactions by customers are making Ireland’s banks the most profitable in the EU. But the benefits are not being passed on to Irish consumers who are still paying the EU average for their transactions and account fees according to an EU report into competition in the retail banking.

The advice to bank customers is to switch accounts more often and shop around for better deals, but Irish customers tend to stick with the bank located nearest to them, the report says.


Irish consumers contribute to lower labour costs by making fewer over the counter withdrawals. They are the EU’s most frequent users of ATMs, using the facilities 40 times a year on average compared to the EU average of 20.

In 2004, Irish banks had a higher gross income per customer than the EU average in almost every area of business. In mortgages this was €1,079 (EU average €1,015); credit cards, €105 (EU avg €65); consumer loans, €668 (EU avg €367); savings and deposits €86 (EU avg €64); current accounts €102 (EU avg €119).

Forum Message Irish Topic Alert

The Irish Community have posted
8 REPLIES TO THIS TOPIC
for logged in members to view.
Back to top  Login here and be redirected to this TopicLogin here and be redirected to this Topic RegisterRegister

    Post New Irish Community Message In Irish Business News    Reply To Irish Community Message About Irish banks most profitable in Europe In Irish Business News    Irish Forums :: The Irish Message Forums -> Irish Business News
Page 1 of 1
If Seeking Information About Irish banks most profitable in Europe, Try Searching Irish Websites

Related Irish Topics
Favorite Irish Movies, Best Irish Movies
Gaelscoileanna, Irish Schools must teach English
[ VOTE ] Greatest Irish Boxer of all time
Cork City FC make Irish soccer history
Roy Keane makes his return to the Irish team
Irish banks most profitable in Europe
Log in
Username:
Password:




SearchSearch
FAQFAQ

Search For Irish Websites
general Irish Websites search for information about Ireland and the Irish
Irish Websites

Research Irish Ancestors
Specific Irish heritage search engine, search for your Irish family surname roots, find out if your family have a Irish clan organisation.
Irish Websites
Irish Weather
Ireland Weather
Weather in Ireland
Ireland Weather forecast