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

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

I am talking about the bank's existing customers and the fact is there is a differential between the bank and AIB in the variable rate of over 1%. The point is when Mr. McLoughlin speaks about the fixed rate he is really trying to attract new customers. He referred again to the cash-back. If Bank of Ireland is looking after both new and existing customers, it would look to reduce the mortgage rate in line with the market.

I have two questions from page 1 of the other questionnaire.

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