Oireachtas Joint and Select Committees
Wednesday, 1 December 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Withdrawal from Irish Banking Market: Engagement with KBC
Pearse Doherty (Donegal, Sinn Fein)
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On a point of clarification on that, can CarVal through Pepper Finance increase a variable rate mortgage which used to be with KBC and now is with CarVal by 2%, 3%, 4% or double it? Is there any limit on the level to which it can increase a variable rate mortgage?