Oireachtas Joint and Select Committees

Wednesday, 18 May 2022

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

Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland

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

If somebody moves from KBC today and opens an account with Bank of Ireland, and his or her fixed rate is coming to an end tomorrow, he or she will be worse off. That person's mortgage is going to increase as a result of being with Bank of Ireland.

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