Oireachtas Joint and Select Committees

Thursday, 11 April 2019

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

Matters Relating to the Banking Sector: Allied Irish Banks

Mr. Tom Kinsella:

The customers we are talking about either started with a fixed rate mortgage or had a variable rate mortgage. They had no margin specified in their contract because they were not tracker customers. The terms and conditions are composite terms and conditions that are used for tracker mortgages, fixed mortgages and variable mortgages.

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