Oireachtas Joint and Select Committees

Tuesday, 8 April 2014

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Investment Commitments to SME Sector: National Treasury Management Agency

2:45 pm

Photo of Damien EnglishDamien English (Meath West, Fine Gael) | Oireachtas source

As there are no other questions, I thank the witnesses for attending. Over the next couple of months the committee will be examining the area of SME lending because, as you said in your statement, we are very linked into traditional banking finance. Representatives of InterTradeIreland appeared before the committee last week and they compared Northern Ireland to the Republic. Both North and South are far too heavily reliant on traditional banking. We are examining all the other options to raise money, so today's discussion was very worthwhile, informative and detailed. I appreciate that. I know that is hard to achieve before a committee, so thank you for that. Our report will be ready in May or June so we will feed back to you at some stage.

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