Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

On the issue of staff loans, I received an email this morning from an employee in Bank of Ireland and it is quite interesting given the revelations in the national media this morning that Bank of Ireland's chief who has a mortgage of €2.8 million is servicing that mortgage with a payment of €1,400 per month. That is less than the current average rent in Dublin and it shows how these banks can fleece their customers with the highest interest rates in Europe, as we have seen from the Central Bank's report last week, but how they also treat their customers. This employee in Bank of Ireland was just informed that they are not impacted, despite the fact that the staff were told at the time that they would roll onto a tracker and that they did not have to do anything but then the carpet was pulled from under them. I make the point that there are still unresolved issues on some of this and we need to continue to encourage, support and challenge the Central Bank in dealing with these outstanding issues.

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