Oireachtas Joint and Select Committees

Tuesday, 9 March 2021

Public Accounts Committee

Strategic Banking Corporation of Ireland: Financial Statements 2019

9:30 am

Mr. Ian Black:

It is whatever the average cost of funds for the bank or the on-lender is. Given that rates are low, it is certainly below 4%. It is a blended rate of what they are paying the depositors and, as the Chairman knows, the deposit rates are very low.

Comments

No comments

Log in or join to post a public comment.