Oireachtas Joint and Select Committees

Thursday, 5 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with Permanent TSB

10:20 am

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

-----and the Central Bank. He will be before the committee and we will deal with that in our own time.

I want to move on to the issue of split mortgages. The number and percentages of the bank's split mortgages appear to be quite high in comparison to other banks using them. There appears to be a level of resistance or reluctance by some customers in the other banks to go down that route. Will Mr. Masding tell me the average variation of the split? Is it a 50-50 or a 30-70 split? How is it working out in most cases?

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