Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland (Resumed): Ulster Bank

2:00 pm

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

If the level of risk is the same and the capital requirement is the same, why is there a different of 0.75% in the rate? It would be extraordinary if the bank were taking greater risks on the property market in the Republic than would be approved across the Border in Belfast. I am not getting the point of the argument that Mr. Stanley is making.

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