Sunday 11 December 2016

High time we stopped banks treating people like dirt

Published 05/07/2015 | 02:30

Just like Bank of Ireland, Ulster Bank and Permanent TSB, it is defying calls to cut variable rates. Photographer: Aidan Crawley/Bloomberg
Just like Bank of Ireland, Ulster Bank and Permanent TSB, it is defying calls to cut variable rates. Photographer: Aidan Crawley/Bloomberg

So competition is our best hope of stopping banks overcharging mortgage holders on variable rates.

  • Go To

That is the argument the Central Bank has been putting out, as it does not want powers to set rates.

And the argument is poppycock.

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Read More

Don't Miss

Editor's Choice