Oireachtas Joint and Select Committees

Wednesday, 17 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Bank Charges: Discussion with Central Bank and ISME

4:30 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

I do not want to delay the committee because Deputy Donnelly wants to contribute. Can the Central Bank give the committee a breakdown of the number of increases that relate to pre-1996 charges and the number that relate to post-1996 charges? I am looking for details of what has happened since 1996, or before then if the Central Bank can go back further than 1996. What percentage of charges falls into each category? What are the amounts in question? We need to get a flavour of what has been happening in the hidden world of bank charges over recent years. The committee has a duty to make inquiries of this nature.

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