Michael McGrath (Cork South Central, Fianna Fail)
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Mr. Byrne needs to understand how existing EBS customers feel, particularly those for whom switching is not an option. Typically they pay more than a half of one percent, that is more than 50 basis points, more than corresponding AIB customers in the same loan to value band. They feel very aggrieved at this and we have been asked to make this point forcibly. Mr. Byrne is indicating there may or may not be a further announcement from EBS, but it is an issue which needs to be dealt with.