Dáil debates

Wednesday, 1 April 2015

Residential Mortgage Interest Rates: Motion (Resumed) [Private Members]

 

5:25 pm

Photo of Billy KelleherBilly Kelleher (Cork North Central, Fianna Fail) | Oireachtas source

They cannot get them, but when they are negotiating, sitting around the oak tables of the banks of this country, they are being told that the cost of funds is 2%. We know, even from the evidence presented by the banks to the committee, that it is no longer 2%, but they consistently tell people who are trying to secure funding for small businesses that the cost of funds is 2%.

Comments

No comments

Log in or join to post a public comment.