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Dáil Éireann debate -
Wednesday, 28 Feb 1962

Vol. 193 No. 5

Ceisteanna—Questions. Oral Answers. - Interest Rate on P.O. Savings Bank Deposits.

15.

asked the Minister for Finance if he is satisfied that the deposit rate of interest in the Post Office Savings Bank is sufficiently high to be regarded as fair and equitable; and if he proposes to make any change in this rate of interest.

In view of the considerations set out in my reply of 8th March, 1961, to a previous question on this subject, I regard the rate of interest payable on deposits in the Post Office Savings Bank as fair and equitable, and I do not propose to make any change in it.

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