Oireachtas Joint and Select Committees

Thursday, 19 October 2017

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

Engagement with the Central Bank of Ireland

9:30 am

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

There are customers who cannot switch and they are trapped. They are looking at a new customer coming in to the same bank as them in the same circumstances on a better rate. That is unfair. From a consumer protection point of view, it cannot be stood over. I ask the Governor's view on that.

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