Oireachtas Joint and Select Committees
Thursday, 21 June 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector: Allied Irish Banks
9:30 am
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
I want to ask Mr. Byrne about the EBS mortgage rates. Why is there a 55 basis point difference between the AIB rates and the EBS rates? People view EBS and AIB as one and the same thing now. Perhaps Mr. Byrne might clarify the standing of EBS within AIB. What is it as an independent entity and why is there a difference of more than 0.5% in the variable rate mortgage offer?
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