Oireachtas Joint and Select Committees

Thursday, 13 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Ulster Bank

10:15 am

Mr. Jim Brown:

I was going to answer the other questions. To clarify, the cost of funds is in the range of 1% to 1.5% in the Republic. Approximately 60% of our mortgage book in the Republic consists of tracker loans.