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:
If it was a tracker mortgage, there would be a margin quoted in the customer's letter and that is the margin that is referred to. That margin does not apply when it is not a tracker mortgage. The margin is not stated because there is no margin. It is a fixed rate mortgage or a variable rate mortgage.
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