Oireachtas Joint and Select Committees

Wednesday, 20 February 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Access to Credit Provision: Discussion with Credit Review Office

2:25 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Mr. Trethowan has said only AIB and Bank of Ireland come under his umbrella and that AIB, Bank of Ireland and Ulster Bank are lending to SMEs in the economy. There is a distinct lack of competition. Does Mr. Trethowan have evidence of this and is it coming through in the way banks are interacting with customers? Has the lack of competition among banks in extending credit to SMEs become a problem?

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