Current Accounts - Ireland - August 2019

Current Accounts - Ireland - August 2019

"For the first time since Mintel began examining Irish consumers' preferred channels for various banking activities and transactions, the digital channels - online banking and mobile banking - trump branches for every activity. The coming years will likely see branches further edged out of transactions and everyday banking activities, as they increasingly become viewed as centres for selling and advice. Indeed, the online banking channel is beginning to assume the role that the branch network once fulfilled."

– Brian O’Connor, Senior Consumer Analyst

This Report looks at the following areas:

Cautious optimism around Irish economic outlook
Continued job growth and low unemployment in both economies
Current account fees and charges increasing across the board in RoI
Switching more common among NI than RoI consumers

TOC available on request

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