Oireachtas Joint and Select Committees

Wednesday, 4 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with Ulster Bank

2:45 pm

Photo of Aodhán Ó RíordáinAodhán Ó Ríordáin (Dublin North Central, Labour) | Oireachtas source

I got two very different answers from AIB and Bank of Ireland when I asked about the potential for an increase in the variable interest rate in the next year. The AIB representative stated he could not really foresee it and the Bank of Ireland representative stated he would not rule it out. What is Mr. Brown's view?

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