Stephen Donnelly (Wicklow, Independent) | Oireachtas source

I appreciate that. Perhaps I will restate my question. There is unambiguous evidence that Irish customers are being overcharged, be it through interest rates or charges. This is the only way the banks here can be more profitable than banks anywhere else. If we accept that Irish customers are being overcharged there must be a reason for it. Either the regulatory capacity is not good enough or the legislation is not good enough. Something must be going wrong if Irish customers are being charged three times more than the European average. Does Mr. Sheridan accept that Irish customers have consistently over the past number of decades been charged several times the European average? If so, why is that happening?