Oireachtas Joint and Select Committees

Thursday, 11 December 2014

Public Accounts Committee

Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013

11:00 am

Mr. Patrick Casey:

Yes. When the average sector loan is €6,000, most credit unions that have restrictions can lend above the average loan in the sector so it is not restricting them in that way. I should say that lending restrictions are not an area that I am close to, so I am briefed by people internally. In the cases that I would come across-----

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