Oireachtas Joint and Select Committees
Thursday, 3 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
The point I am getting at is, like, from a bank's point of view, I could never understand the logic of a tracker mortgage because you were linking the price that you could, ultimately, charge the consumer to a lever that you had no control over. I mean, at the peak, what proportion of your funding, as a bank, was accounted for by ECB funding?
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