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Noonan to meet Patrick Honohan
01 Apr 2015 23:11
Minister for Finance Michael Noonan is due to meet the Governor of the Central Bank Patrick Honohan tomorrow regarding standard variable rate mortgages.
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Minister Noonan, who was responding to a Fianna Fáil Private Members motion in the Dáil tonight, said the objective of the meeting will be to discuss how best to influence the banks to reduce the standard variable rates to customers.
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Fianna Fáil's Billy Kelleher said the minister needed to be strong and forceful with the Governor and impressed on him to let the view of Dáil Éireann be known.
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He asked for the minister not to ask families to subsidise others with tracker mortgages.
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