Kenny urges banks to pass on interest rate cut

Taoiseach Enda Kenny has today urged banks to pass on the most recent ECB interest rate reduction to its variable-rate mortgage customers.

Tue, 13 Dec, 2011 - 18:37

Taoiseach Enda Kenny has today urged banks to pass on the recent ECB interest rate reduction to its variable-rate mortgage customers.

He said that there are no plans to introduce legislation to force them to do so, however.

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