Oireachtas Joint and Select Committees
Thursday, 5 December 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Central Bank: Discussion
Rose Conway Walsh (Sinn Fein) | Oireachtas source
To get back to my question, Mr. Sibley says the Central Bank is dealing with some of the underlying issues causing Irish mortgage holders to pay higher rates than mortgage holders elsewhere. At the same time, banks are making massive and ever-increasing profits. It is very difficult for mortgage holders to understand why they are not feeling the benefits some of the banks which they bailed out are experiencing. Is there scope for the Central Bank to do more to address the interest rates for existing mortgage holders?
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