Oireachtas Joint and Select Committees
Tuesday, 9 March 2021
Public Accounts Committee
Strategic Banking Corporation of Ireland: Financial Statements 2019
9:30 am
Ms Suzanne Sweeney:
With regard to the arrangement fees, they should only be charging what has been approved by the Central Bank for their fees, and no more than that. They should also only charge the maximum interest rate. As we said earlier, we carry out audits on our on-lenders to check that they are only applying those interest rates and fees.
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