Oireachtas Joint and Select Committees

Thursday, 28 September 2017

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

Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank

9:45 am

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

That is a lot of people. It might be a reduction of only 0.2% of 1% but depending on the principal balance of the mortgage, that could make a difference. Why does Mr. Masding think the uptake in general has been so poor? I think Mr. Masding said in the questionnaire that the bank wrote to people back in 2015.

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