Pressure on lenders to pass on rate cut to customers

first_img Guidelines for reopening of hospitality sector published RELATED ARTICLESMORE FROM AUTHOR By News Highland – November 4, 2011 Twitter Newsx Adverts Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Calls for maternity restrictions to be lifted at LUH WhatsApp Pinterest WhatsApp Previous article120 men diagnosed with prostate cancer in Donegal every yearNext articleNew Donegal – Dublin route added to Dublin Airport’s schedule News Highland Pressure on lenders to pass on rate cut to customerscenter_img The Junior Finance Minister says the Government may have to use its influence if some banks covered by the bank guarantee scheme choose not to pass on yesterday’s ECB rate cut to customers.Some banks – like Permanent TSB – have already confirmed the reduction will be reflected in their rates – while others have yet to comment.The Financial Regulator Matthew Elderfield has already warned banks that he wants to halt variable interest rate hikes.Minister Brian Hayes says the Government can try to intervene:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/11/09haye.mp3[/podcast] Almost 10,000 appointments cancelled in Saolta Hospital Group this week Google+ Google+ Facebook Pinterest Twitter LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Facebook Need for issues with Mica redress scheme to be addressed raised in Seanad alsolast_img read more

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