Saturday 3 December 2016

Bank behaviour is pure thuggery

Published 14/02/2010 | 05:00

Sir -- Many years ago, the AIB branch in Sligo was known as 'John Ford's Bank'; named after a long serving manager who was respected for his knowledge and integrity. He retired just as the Munster and Leinster Bank he served, joined with the Provincial and Royal Banks to form AIB.

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The distressed article by a businessman (Sunday Independent, Feb 7, 2010) on how banks in Ireland operate must be very offensive to old style managers who valued long term relationships. The bully-boy tactics outlined are little better than those of the Kray brothers when they ran 'protection' rackets in London's East End.

One can imagine the dreaded phone call on Monday mornings asking for a lodgement and when it will be paid in. This is thuggery pure and simple.

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