165. Deputy Cormac Devlin asked the Minister for Finance if he will consider establishing a national scheme or introduce legislation to protect consumer deposits below a certain threshold from negative interest rates, given recent reports that credit unions are being compelled to consider charging their customers fees or negative interest rates; and if he will make a statement on the matter. [2956/21]

Summary

165. Deputy Cormac Devlin asked the Minister for Finance if he will consider establishing a national scheme or introduce legislation to protect consumer deposits below a certain threshold from negative interest rates, given recent reports that credit unions are being compelled to consider charging their customers fees or negative interest rates; and if he will make a statement on the matter. [2956/21]

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• Interest Rates

  xml · EN · 20 January 2021

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