An idea about a bank protest...

[Purple]

Also if you wish to consult an accoutant , solicitor or other professions you also need to take time off work.

Nope, they come and see me or I see them before work (7.00am) or after work (7.00PM).
By the way, when I want to speak to my contact in the bank they come and see me as well.

 

[bamboozle]

should we also have a day of strike against the Financial Regulator, Central Bank and Department of finance for failing to implement any form of proper regulation on our banking system or is the anger just directed at the banks?

 

[Bronte]

Yes lets keep coming up with different ways to keep hitting their bottom line because I want nothing more than an unprofitable banking sector. That will show them.

€54 billion is a lot of money just to pay for longer opening hours. Why don't you just move your money to the post office. They open Saturdays don't they?

When has there ever been an unprofitable banking sector, you don't mean our failed banks whose ultimate business plan is to get bailed out every time by the government.

Why should we have a couple of big banks who are too big to fail, how about lots of smaller one's so we have real competition and less likelyhood of failure and spread the money around a big further instead of up there is corporate Dublin.

Where are you getting 54 billion from, why don't all the shops and other businessess change to banking hours to save 54 billion?

 

[Bronte]

should we also have a day of strike against the Financial Regulator, Central Bank and Department of finance for failing to implement any form of proper regulation on our banking system or is the anger just directed at the banks?

And nothing will change with that lot either. Too busy socialising with the bankers. Don't they all move in the same circles. We'll have a few cosmetic changes and then business as usual. We only have to look at the debacle of the 500K salary last week. The guy on this has been reassured that he will get the remainder elsewhere, via pension no doubt. The whole thing is sick.

 

[Sunny]

When has there ever been an unprofitable banking sector, you don't mean our failed banks whose ultimate business plan is to get bailed out every time by the government.

Why should we have a couple of big banks who are too big to fail, how about lots of smaller one's so we have real competition and less likelyhood of failure and spread the money around a big further instead of up there is corporate Dublin.

Where are you getting 54 billion from, why don't all the shops and other businessess change to banking hours to save 54 billion?

You said banks should change their business hours as a condition of NAMA. Thats where the €54 billion came from.

I have nothing against taking steps to ensure that no bank is too big to fail in the future. However, if you think more smaller banks lead to greater competition and a safer banking sector, then you are wrong. Especially in a market the size of Ireland.

 

[z107]

However, if you think more smaller banks lead to greater competition and a safer banking sector, then you are wrong.

Why don't more, smaller, banks lead to greater competition? If I have a choice of 10 banks, instead of 3, why isn't this more competition?

 

[Deiseblue]

Imagine that the banks open at lunchtime. Wow.

I use oneline banking etc. But there are times when I need to go to the bank, and I don't think waiting until 10.04 o'clock in the day is normal for any other profession or any other business, never mind closing mid afternoon.

Have you not heard of organisation of working hours, most banks have loads of staff, quite simple to have some come early and some stay late, what's wrong with that.

Any estate agent, solicitor or accountant I've ever dealt with have been willing to see me outside normal business hours if necessary, but this is not comparing like with like. One only needs to see these professionals rarely whereas banking is an everyday occurance for some.

Don't you think the banks make enough proft without expecting the government to pay for the extra opening hours - that's a riduculous suggestion.

The only reason banks have online banking and atm's is to stop customers going to banks so they can hire less staff and cut costs. They didn't do it for any other reason.

I hope AAM makes a recommendation to the Minister that banks should operate normal hours as a condition of NAMA. At least that cost will hit their bottom line. But nothing has actually changed at the banks so we won't be seeing anything designed to appease the mere Irish plebs (me included) who are bailing them out. Just look at the appointment last week to see that.

I know it's hard to believe but Banks closed between 12.30 and 1.30 prior to 1992.
Indeed Banks employ a large number of staff , for the most part on a contracted 9.30 to 5.30 basis.
The cost of introducing a tiered working system into a hugely Unionised sector would be huge and the Banks simply won't pay it even if the Union would consider such a change to terms and conditions.
I quite agree with you that ATM's and online banking were introduced to keep people out of branches but were also of tremendous benefit to people.
Who knows Bank opening times may change but I can't see it happening myself !

 

[Bronte]

I know it's hard to believe but Banks closed between 12.30 and 1.30 prior to 1992.
Indeed Banks employ a large number of staff , for the most part on a contracted 9.30 to 5.30 basis.
The cost of introducing a tiered working system into a hugely Unionised sector would be huge and the Banks simply won't pay it even if the Union would consider such a change to terms and conditions.

I'm sure it would be of benefit to a lot of staff to have the option of working early some days and late others, particularly for working mothers. Personally I can't see any extra cost to it if people are still doing their 35 hour week, why should there be an extra cost?

I'm older than you think so I know all about restrictive bank hours. And yes online banking is brillant.

 

[Bronte]

You said banks should change their business hours as a condition of NAMA. Thats where the €54 billion came from.

I have nothing against taking steps to ensure that no bank is too big to fail in the future. However, if you think more smaller banks lead to greater competition and a safer banking sector, then you are wrong. Especially in a market the size of Ireland.

Because of NAMA banks are going to make money not lose it so you're wrong on the 54 billion.

Since we've had foreign banks operating in Ireland it has lead to greater competition. Why wouldn't breaking up the native banks do the same? Why should they be allowed to hold us to ransom everytime their gambles don't pay off?

 

[Complainer]

should we also have a day of strike against the Financial Regulator, Central Bank and Department of finance for failing to implement any form of proper regulation on our banking system or is the anger just directed at the banks?

Fair point, but don't forget to include the Govt who passed the 'light-touch' regulation legislation, that encouraged the regulator to go easy on the banks.

 

[Bronte]

Fair point, but don't forget to include the Govt who passed the 'light-touch' regulation legislation, that encouraged the regulator to go easy on the banks.

That's a very very weak argument Complainer, if the man had any backbone and any sense of loyality to the people of this country he would have done his job properly. He had the power to do so, he could have chosen the right option. Instead he chose the cushy life as a pen pusher for which he has been more than well paid.