159 Deputy Pearse Doherty asked the Minister for Finance if he will confirm that KBC bank has not yet passed on the ECB interest rate drop of 14 December 2011 to its residential mortgage customers here; if he will confirm that KBC has yet to inform its customers whether it intends to pass on this rate reduction; his views that the actions of KBC are acceptable; the course of action he will take on this matter; if he has had any contact with either the Financial Regulator or KBC bank on this matter to date; and if he will make a statement on the matter. [3915/12]

Summary

159 Deputy Pearse Doherty asked the Minister for Finance if he will confirm that KBC bank has not yet passed on the ECB interest rate drop of 14 December 2011 to its residential mortgage customers here; if he will confirm that KBC has yet to inform its customers whether it intends to pass on this rate reduction; his views that the actions of KBC are acceptable; the course of action he will take on this matter; if he has had any contact with either the Financial Regulator or KBC bank on this matter to date; and if he will make a statement on the matter. [3915/12]

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• Financial Services Regulation

  xml · EN · 24 January 2012

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