Experts urge Paschal Donohoe to put costly mortgages at centre of banking review

Dermott Jewell of the Consumers’ Association of Ireland said the banking review must protect the consumer. File photo

The Government is being urged to make the bad deal customers are getting from home loans, and cash-back mortgages in particular, the focus of a pending year-long review into the troubled state of Irish banking. 

Finance Minister Paschal Donohoe is expected to announce on Thursday a review of Irish banking that will likely cover everything from the State’s remaining shareholdings in three banks to the role of non-bank lenders.