Shane Ross (Dublin South, Independent) | Oireachtas source

The item referred to by Deputy Michael McGrath is not the only example of the Bank of Ireland going walkabout. I realise that the Minister has a 14% share in the bank, as he said, but I wonder what has happened about variable rate mortgages. I think it was as long ago as the spring when we first heard that the Minister was meeting the heads of the banks about the absolutely exorbitant variable rates they were imposing. There has been some movement by AIB and perhaps one or two other banks, but it appears that Bank of Ireland has not moved at all. I would like the Minister to clarify where we stand and where he stands on the matter.

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