Oireachtas Joint and Select Committees

Tuesday, 6 May 2014

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Access to Finance for SMEs (Resumed): Credit Review Office and Chambers Ireland

2:00 pm

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

One question related to the level of refinancing that is taking place. Mr. Trethowan said he does not have a figure in that regard. There is also the issue of the level of refinancing that is not happening. In other words, those who have functional lending with let us say Danske Bank and the lending needs were not met by any other player so therefore their capacity to trade and to provide jobs is reduced.

Another issue relates to the total capacity of lending within the market and the effects of that.

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