Oireachtas Joint and Select Committees

Thursday, 5 May 2016

Committee on Housing and Homelessness

Irish League of Credit Unions

10:30 am

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

That brings me straight to my next question. I believe Mr. Farrell is hitting too many roadblocks. There has been a Government roadblock, a Central Bank roadblock, etc. In his opening statement, Mr. Farrell said the credit unions have €13 billion in savings and €15 million in assets. Is that correct? Why not grow the assets? Why not let the credit unions build the houses themselves? Can that be done?

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