Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of the Banking Sector: Central Bank of Ireland
2:00 pm
Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source
The model shown to us was that 40% would have to be from equity at a minimum for site finance and the banks might then consider providing 60%. Does it matter what way one looks at it? One is still down to a figure of 10% going towards working capital for site finance and the building of houses. How will supply keep up with demand if that provision is not increased?
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