"Almost nobody outside the financial sector understands banking - they think bankers go around with wheelbarrows of cash.
Americans don't really understand banks, or know what causes them to blow up, but they've seen enough to be afraid.
"I want to open their accounts and help them understand banking".
I understand banking is a business and fees are a major source of revenue.
First, their critics are "populists" who do not understand banking or economics.
As long as the central bank is also a bank supervisor and a regulator, it is extraordinarily well placed to observe and understand bank lending practices — much better positioned than almost anyone else.
It is understood bank chiefs are under pressure from Government to ensure pay-off arrangements do not exceed packages already offered to Health Service Executive workers this year - three weeks' pay for every year of service on top of two weeks' statutory redundancy.
I know I'll get the usual barrage of claims that I don't understand banking; actually, I think I do, and it's the mystics who have it wrong.
"Some adults who attended our classes are now much more confident – able to write bank cheques and understand banking, able to write letters and apply quickly for jobs," says Ndayambaje.
