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Paul Power

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Listen: Tánasite Says Banks Must Not Extra Profits From Covid 19 Mortgage Breaks.

: 07/09/2020 - 13:33

Leo Varadkar has said the government will come down on the banks like a tonne of bricks if they try to make extra profits out of Covid-19 mortgage breaks.

The Tánaiste has said he believes any extra interest on their loans should be paid for from bank profits.

Around 160,000 borrowers have availed of mortgage breaks during the Covid-19 crisis.

Tánaiste Leo Varadkar says he's told the banks they should only at most be covering their own increased costs:

newstalk1250675.mp3, by Ciara Plunkett

File image: RollingNews

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