They got away with it for a long time,” Mr Harris said. “Don’t expect me to say thank you on behalf of the people that I represent. Minister for Further Education Simon Harris welcomed some banks having “finally decided to give some people a fair share of their own money”, but said the Irish lenders have been laggards in passing on deposit rate increases. “We’re also particularly pleased to offer customers the opportunity to earn up to 3 per cent from our market-leading three-year fixed term deposit product and 2.5 per cent from our regular saver products and, as always, we’ll continue to keep our rates under review to make sure our offering remains competitive.” “Deposit customers are extremely important for our business and we’re delighted to announce this latest set of increases to ensure our customers are rewarded with competitive deposit rate products in today’s higher interest rate environment,” said Patrick Farrell, retail banking director at PTSB. Personal Loan key features, variable rates from 6.8 APR, amounts range from 2,000 - 65,000, loan term 1 to 5 years. PTSB noted that its latest move marks its fifth set of interest rate increases for savers since last November. 15 minutes refers to completed online personal loan applications by Bank of Ireland current account holders. AIB, Bank of Ireland and PTSB are earning 3.75 per cent on their surplus deposits, which stand at over €60 billion combined.
