Oireachtas Joint and Select Committees

Wednesday, 21 September 2022

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

Banking Issues: Discussion (Resumed)

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I am not aware of that. I am sure the Deputy would have concrete evidence of this, or is getting this judgment from a trusted source in order for him to raise it here. The matter of interest rates and who is offering what is not an issue I am involved in. In my experience, what might be happening is that those involved in delivering the projects that the Deputy is referring to might be getting better terms than our pillar banks are able to offer and might be going to those offering such terms. If our pillar banks are able to offer interest rates, in my experience most people involved in delivering the projects that they want to deliver go to them for the loans that are needed.

Comments

No comments

Log in or join to post a public comment.