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Current Accounts - Ireland - October 2016

Current Accounts - Ireland - October 2016

“The conclusion at first glance is that the Irish current account market emerged relatively unscathed from the financial crisis and subsequent recession – current account ownership is almost universal among both NI and RoI consumers. However, despite the return of economic growth, the number of active current accounts in RoI has been declining for several years as RoI consumers respond to unavoidable and increasing fees and charges.”

– Brian O’Connor, Senior Consumer Analyst

This Report covers the following topics:

Little inclination on the part of consumers to switch accounts
Monetary incentives most likely to persuade consumers to pay a fee
Fees and charges putting brakes on account ownership in RoI

TOC available on request

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