Oireachtas Joint and Select Committees

Tuesday, 10 July 2018

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

Matters Relating to the Banking Sector: KBC Bank

See the whole debate « Previous speaker Next speaker »

2:00 pm

Ms Dara Deering:

A formula is prescribed in the mortgage credit directive that just takes into account the cost to the bank of breaking out of the fixed rate, but there are no other charges or penalties for consumers.

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