Oireachtas Joint and Select Committees

Thursday, 7 March 2013

Public Accounts Committee

2011 Appropriation Accounts and Annual Report of the Comptroller and Auditor General
Vote 6 - Office of the Minister for Finance
Chapter 1 - Financial Outturn for 2011
Chapter 2 - Government Debt
Chapter 3 - Banking and Insurance Measures
Chapter 5 - EU Financial Transactions

12:20 pm

Mr. John Moran:

Precisely. From the point a credit application is made, a very comfortable percentage of the applications are given credit, relative to the state of the economy. What is not easy to understand is why such a low number of those refused credit at this point look to the Credit Review Office or the internal process of the bank.

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