Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

The tracker mortgages are putting pressure on the Irish banks. At the same time, the standard rate ... for standard variable rate holders is excessively high. So do you feel that Europe has done enough in terms of assisting to unwind the tracker mortgage, the cost of those mortgages? And you were reported in the media recently speaking about talking ... discussions with the banks in terms of dealing with the standard variable rate for home owners with mortgages-----

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