Oireachtas Joint and Select Committees
Tuesday, 30 January 2018
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Cost of Doing Business in Ireland: Discussion (Resumed)
3:00 pm
Kevin Humphreys (Labour) | Oireachtas source
It would be neglectful of me not to return to the issue of interest rates. When we talk about smaller loans, especially in Ireland where we are particularly focused on smaller businesses, with fixed rates of 6.9%, 7% or 5.5%, it is accepted there is not a lot of difference between the banks. AIB answered that question specifically so I am asking Bank of Ireland. That is generally the percentage rate.
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