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:
I do not think we impinged. As the Deputy noted, trackers were well known at that stage. If the customer had asked for a tracker, he or she would have been given a tracker. I do not think there was an imbalance of power. As I stated, we will absolutely take the case and revert to the committee swiftly. I apologise for not doing so already but we will revert swiftly on the matter. If we find something that causes us to change our mind about something, it will apply not only to the customers to whom the Deputy refers but also to any other affected customers.
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