AIB's €300m additional tracker mortgage bill reopens scandal

A surprise decision by AIB to set aside an additional €300m to help compensate 5,900 more tracker mortgage

AIB's €300m additional tracker mortgage bill reopens scandal

A surprise decision by AIB to set aside an additional €300m to help compensate 5,900 more tracker mortgage customers has reopened the scandal ahead of the general election.

Padraic Kissane, the financial adviser who played a major role in uncovering the overcharging 10 years ago and who now represents consumers on the Irish Banking Culture Board, said the decision means there is still a long way to go for Irish banks to clean up the industry.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited