Tue 05 May 2007Banks battle for share of SSIA cashThe battle of the savings accounts began in earnest yesterday as
the nation's banks sought to attract the €7.5 billion worth
of special savings incentive account (SSIA) funds which matured at
midnight last night.While many of the half a million people who are to get the money
will already have long-thought-out plans for spending or saving
their cash, a large proportion are still likely to be deciding on
the best home for their funds, and the banks are determined to make
the most of this.