Wednesday December 11, 2019

The Last Post: Going in studs-up on rates rip-off

Mortgage gouging by banks does not serve society well

17th November, 2019
3
Business group Dublin Town’s moved to rebrand the Grafton Street area as ‘Grafton Quarter’ – following the attempt to name an area of the south docklands ‘SOBO’ in 2015 that appears to have been quietly dropped since Pic: Fergal Phillips

A bit of bank-bashing rarely does a politician, or indeed a newspaper columnist, any harm. The banks remain deeply unpopular, with their high interest rates and charges, the hoops they make people and companies go through to get loans, and the big salaries many executives still pull down even after government curbs on the excesses of a past age.

But it was still a surprise, if somewhat enjoyable, to see the deputy governor of the...

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