Mayo city “main challenge of recovery from collapse of banking system”


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Ballyhaunis town center. Photo: Google Maps

Ballyhaunis is paving the way for recovery from the difficult times rural areas experienced following the collapse of the Irish banking system.

The point was made at Taoiseach Micheál Martin by Mayo TD Rose Conway-Walsh.

She said, “The excellent work done by the Ballyhaunis Chamber of Commerce, the Ballyhaunis Community Council and other volunteer and individual groups in the city is widely recognized.

“This work makes Ballyhaunis an attractive city to live and work and these organizations and individuals are at the forefront of inclusion in rural development.

“For months, the threat to close the Bank of Ireland branch in Ballyhaunis has cast a shadow over this town and its surroundings.

“For a financial institution to be allowed to turn its back and withdraw these vital services flies in the face of the government’s agenda to revitalize small towns.

“If he hasn’t, can the Taoiseach and his finance minister meet with the bank executives and ask them to reconsider their decision to close this branch and engage with the chamber of commerce and community council?” of the city in this regard?

In response, An Taoiseach said: “The Bank of Ireland is a private institution and it makes its own decisions.

“The government has decided to focus its work through An Post and through other initiatives such as remote work centers and enterprise centers, as well as the Housing for All and Town Center First strategies.

“We are using our mechanisms on several fronts to revitalize cities and recover investments in cities.

“When we met with the banks, we repeatedly stressed the need for them to conserve and maintain their regional and rural footprint and the importance of this for the commercial viability of cities.

“Where the government itself has control of the levers, it is keen to invest in cities like Ballyhaunis.

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