AIB has scrapped plans to make 70 branches cashless.
It follows a public backlash over the move, which a government backbencher says would have 'finished' rural Ireland.
At 11:51 this morning, Fine Gael TDs confirmed there would be an emergency meeting of the parliamentary party to discuss the fallout of AIB's decision to remove cash services from 70 branches.
Two minutes later, AIB itself confirmed it would be rowing back on those plans.
In a statement, the bank says it recognises 'the customer and public unease that this has caused'.
Fianna Fail TD James O'Connor says it's a 'win for democracy':
"I have been involved in politics closely now since 2016.
"I have to admit, that I have never seen this level of anger, dismay and worry from vulnerable people who are using their bank services."
There are calls for the Central Bank, the government and the banks themselves to consider the impact of such decisions on vulnerable people in the future.
Orla O'Connor from the National Women's Council of Ireland.
"The impact of that decision was not thought through
"In terms of the impact it would have on communities across Ireland, on vulnerable people.
"And we would say in the National Women's Council particularly women in certain circumstances such as domestic violence, coercive control."
With AIB going back on this decision, it says it will now operate its 170 branches in their entirety.
