Seanad debates

Thursday, 25 April 2013

11:10 am

Photo of Maurice CumminsMaurice Cummins (Fine Gael) | Oireachtas source

If the bank were to continue charging an unsustainably low rate for standard variable rates, it would mean that the taxpayer would have to put more capital into the bank. That is the current position. As I have said, the taxpayer has already put in over €20 billion, as Senator Darragh O'Brien well knows.

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