46. Deputy Richard Boyd Barrett asked the Minister for Finance the equivalent interest rates in banks in which he is a majority shareholder; the reason they differ; if so, the different amounts of interest a mortgage holder would pay over a 20 year lifetime on a €100,000, €200,000 and €300,000 loan, respectively, in the banks in which he is a majority shareholder in comparison to the amount they would pay if they were charged ECB rates, in view of the fact the current ECB interest rate for deposit facility is 0.5% and its marginal interest rate is 0.25%; and if he will make a statement on the matter. [38985/19]

Summary

46. Deputy Richard Boyd Barrett asked the Minister for Finance the equivalent interest rates in banks in which he is a majority shareholder; the reason they differ; if so, the different amounts of interest a mortgage holder would pay over a 20 year lifetime on a €100,000, €200,000 and €300,000 loan, respectively, in the banks in which he is a majority shareholder in comparison to the amount they would pay if they were charged ECB rates, in view of the fact the current ECB interest rate for deposit facility is 0.5% and its marginal interest rate is 0.25%; and if he will make a statement on the matter. [38985/19]

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• Mortgage Interest Rates

  xml · EN · 26 September 2019

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