Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

Officials are working through the technical discussions and the precise arrangements are not in place yet. The additional piece of news that I have not given the Deputy previously is that the European Investment Bank is also anxious to get involved. It is making signals that it might match whatever KfW does. If that is the structure, we will try to establish a fund in Ireland to deliver funding to SMEs, in which KfW, the European Investment Bank and our own investment fund would operate. That is how I envisage it playing.