Oireachtas Joint and Select Committees

Tuesday, 6 February 2018

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

Tracker Mortgages: KBC Bank

4:00 pm

Mr. Wim Verbraeken:

Correct. Without looking at the specifics of the case, I conclude that the prevailing variable rate was the standard variable rate because otherwise the contract would have specifically mentioned the tracker mortgage rate.