Stephen Donnelly (Wicklow, Independent) | Oireachtas source

Will AIB come back to the committee with those figures? AIB has 50% of the entire standard variable mortgage market. These mortgage holders are not interested in whether the net margin for the bank overall is reasonable but if the net margin on variable rate mortgages is reasonable. I have no idea whether it is or it is not. On the same basis that the bank was able to tell the committee that the net margins across all of its banking activities are below the industry norm, will the bank come back to the committee to let us know how that 2.7 percentage point margin on the variable rate mortgage compares to others? If it is competitive, then fair enough. However, it may not be competitive and those with variable rate mortgages would like to know that.