Oireachtas Joint and Select Committees
Wednesday, 22 April 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of the Banking Sector in Ireland: Allied Irish Banks
2:00 pm
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
In respect of the cost of funding, will Mr. Duffy state the reason the one year fixed rate for new customers at roughly 3.5% is lower than the variable rate, which ranges from 3.85% to 4.25%? That would not be the norm. Why is the fixed rate lower than the variable rate?
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