Oireachtas Joint and Select Committees

Tuesday, 21 May 2019

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

Matters Relating to the Banking Sector (Resumed): KBC Bank

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

KBC has about 17,000 trackers out of about 71,000 home loans. That is about 24%. Most banks were at 40%. Is the reason for the lower figure that there were fewer tracker mortgages offered in the first place or had the bank managed to get people off the trackers? Why is KBC's figure below the industry average?

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