FREE banking may be coming to an end, warned Ulster Bank's Cormac McCarthy (above).
"If interest rates remain low, margins will come under pressure and this is something that will have to be examined," he said.
Irish banks slashed and eliminated fees at the height of the boom in a bid to build up customer numbers.
Banks must apply to the regulator to change fees. Ulster Bank has no plans to cull free banking at present, he added.