Oireachtas Joint and Select Committees

Thursday, 5 May 2016

Committee on Housing and Homelessness

Banking and Payments Federation Ireland

10:30 am

Photo of Anne RabbitteAnne Rabbitte (Galway East, Fianna Fail) | Oireachtas source

An issue that arose was credit ratings which leads into Deputy Mick Wallace's question. Another part of the freeing of funds is access to credit. Equity is only one part of it. A person cannot access credit if his or her credit rating has been blemished in the past because it sits with him or her for X number of years. That is an issue at which we need to look if the building industry is to move forward. Its credit ratings have been affected by not being in the black.

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