Oireachtas Joint and Select Committees

Wednesday, 1 December 2021

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

Withdrawal from Irish Banking Market: Engagement with KBC

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

On a point of clarification on that, can CarVal through Pepper Finance increase a variable rate mortgage which used to be with KBC and now is with CarVal by 2%, 3%, 4% or double it? Is there any limit on the level to which it can increase a variable rate mortgage?

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