Oireachtas Joint and Select Committees
Thursday, 14 June 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector: Permanent TSB
9:30 am
Mr. Jeremy Masding:
That is a difficult question for me to answer because "significant" is pejorative term. There is a calculation that one can break out of a fixed rate. As the Deputy said, the rate was agreed at a point in time. It comes back to our obligation in terms of being competitive that the existing customer fixed rates are competitive. They are under review as we speak.
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