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

Mr. Jim Brown:

That is correct. However, we continue to monitor the rate based on competition, clearly. Importantly, as we were saying a moment ago, it is also related to the cost of paying the mortgage. That is made up of a number of components, be it cost of funds, capital operating costs, mortgage arrears, credit losses, levies and so on.

Comments

No comments

Log in or join to post a public comment.