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Seanad: Order of Business (25 Sep 2012)

Maurice Cummins: Senator Darragh O'Brien raised the increases in the variable mortgage rate by Bank of Ireland and ICS Building Society. It is a matter of concern. However, as pointed out by the Senator, Bank of Ireland is a majority private-owned bank and must be run on a commercial basis; the State owns 15%. The Government has targeted assistance measures at protecting the homes of those who are facing...

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