“Occupation of KBC Bank will not end until commitments are received,” Mattie McGrath

Press Release

 

“Occupation of KBC Bank will not end until commitments are received,” Mattie McGrath

 

19-12-2018

 

Independent TD Mattie McGrath has said he is taking part in the occupation of KBC Bank premises in Lower Baggot Street, Dublin, in order to highlight what he has called the distressing and persistent lack of engagement by the bank with customers experiencing mortgage difficulties. Deputy McGrath, along with Deputy Michael Collins and Deputy Carol Nolan have said they will not leave until they have received written assurances from the CEO, Wim Verbraeken, that he will meet with them to discuss their concerns:

 

“We are taking this drastic action to highlight the appalling treatment that customers in distress are receiving at the hands of KBC Bank.

 

We must not forget that this is a bank that reported net profit of €33.6 million for Q3 in 2018 alone.

 

Many of the customers we are dealing with really feel like they are being driven to the brink in terms of the aggressive and relentless debt collection strategies being employed.

 

These are ordinary people who listen to the reassuring words spoken at Oireachtas Committees and elsewhere by the banks but who know that the reality on the ground is extremely different.

 

We want absolute guarantees that this disconnect will be addressed and we will be remaining here in occupation until we have that in writing,” concluded Deputy McGrath.

 

END

3 Comments

  1. Well done. Banks represent a legal form of theft in the most sinister way. Any Politician who understands Fraction Reserve or Quantitative Easing will find that those two form the foundation of this Legal theft and is employed by ALL Central banks.

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