Oireachtas Joint and Select Committees

Thursday, 4 May 2017

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

Improving Investment Opportunities in the Wider Economy: Discussion

10:00 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Is there an issue with SBCI products being in competition with the on-lenders' own products which could lead to displacement? Will Mr. Ashmore clarify the benefit to the on-lender? Is it a margin on the interest rate or what is the commercial return for the on-lender in selling SBCI products to their customers?

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