Oireachtas Joint and Select Committees
Wednesday, 14 September 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Issues: Discussion
Dr. Colin Hunt:
We will get them to the committee. What I can say is that an increase of 1% on a parallel basis across every single product, that is to say, variable and fixed, would generate additional income for the bank of approximately €360 million. That is assuming it is applied on a parallel basis across all of the products and it is an impact on the income line rather than on the overall profitability.
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