asked the Minister for Finance if he will state what effect the attractive terms of 8 per cent. interest to depositors offered in Irish newspaper advertisements by an English banking system are having on this country's underdeveloped economy by making capital scarce here.
Ceisteanna—Questions. Oral Answers. - English Bank's Terms for Depositors.
I am not aware of any adverse effect on this country's economy as a result of the offer of the deposit interest rates referred to in the question.