Oireachtas Joint and Select Committees

Tuesday, 23 January 2018

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

Tracker Mortgages: Allied Irish Banks

4:00 pm

Mr. Bernard Byrne:

The clear decision that was made to impact the profitability of the bank was to take the product out from new customers. The piece that flowed over the decade that followed was not part of that decision piece. The decision piece was around a new product.