Oireachtas Joint and Select Committees

Wednesday, 5 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Bank of Ireland

3:05 pm

Mr. Liam McLoughlin:

That rate applies to fewer than 50% of mortgages. The accounts show that our average loan-to-value for mortgages in the first six months of this year was about 72%. Based on this, that would be priced at 4.30%.