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 payment relates to a group of customers who never had a tracker and who rolled off their fixed rate mortgage over a period between October 2008 and December 2013, which is when they all came off their fixed rate mortgage, at a time when no prevailing tracker rate was available to them.
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