Oireachtas Joint and Select Committees

Tuesday, 20 December 2016

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

Banking Sector in Ireland: Central Bank of Ireland

11:00 am

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

Central Bank officials would be prepared to meet them. I welcome that.

Reference was made to standard variable rate legislation. The Central Bank officials made only limited comments about the issue of the high standard variable rates in this State. Is it still the position of the Central Bank that it does not want the power to set a cap?

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