Oireachtas Joint and Select Committees

Thursday, 13 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Ulster Bank

10:25 am

Mr. Jim Brown:

Our rates are constantly under review as I mentioned previously. The key point is that the standard variable rate reflects the costs of offering mortgages in this market, and the cost of funds is one-----