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
Michael Creed (Cork North West, Fine Gael) | Oireachtas source
In terms of the cost of funding and risk, the losses at the bank and the provision it must make for bad losses impact on the standard variable rate and interest rates generally. What is the quantified impact of those who are the beneficiaries of tracker mortgages on the cost of funds to the standard variable rate mortgages?
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