Call For 'New Culture' In Banking
Issued : 10 October 2008
The Irish Bank Officials Association (IBOA) has called for a "new culture" in banking, saying the entire course of banking in Ireland had changed in the past two weeks. The union, which represents more than 20,000 staff, wants a forum to be established to oversee the future of the Industry.
Addressing a conference of union representatives in Portlaoise, Co Laois. IBOA general secretary Larry Broderick said significant changes were likely in Irish banking in the wake of the Government's intervention.
He believed there would be "stricter regulation and more transparent governance".
