Oireachtas Joint and Select Committees
Thursday, 21 September 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland: Bank of Ireland
9:30 am
Mr. Liam McLoughlin:
In terms of fair value for those customers, the fact that they were put back on the rate in 2010 means that they have not accrued seven years of interest since then. They were put back on the correct rate at that point. The fair value matter does not arise in those customers' cases.
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