Very interesting.
The new entries will have much lower operating costs by using service agents like Pepper to administer the loan book.
When the current deposit surplus is over, EBS will need deposits or maybe they can use AIB as a source?
If so, they could switch to a very low cost operation and stay competitive.
Brendan
EBS will need deposits or maybe they can use AIB as a source?
If so, they could switch to a very low cost operation and stay competitive.
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