Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

Second, tracker mortgages make up 34% of the bank's owner-occupier mortgages whereas in the buy-to-let area it is 62%. The bank targeted the buy-to-let market with tracker mortgages, and everyone knows the profitability on the variable rate is much higher than on the tracker, so the bank is losing more money on the tracker-----