Oireachtas Joint and Select Committees

Thursday, 8 December 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland

9:30 am

Mr. Ed Sibley:

Yes, the cap for credit unions is 12% and for moneylenders it is higher. Credit unions can engage in mortgage lending in line with certain limits.

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