Oireachtas Joint and Select Committees
Thursday, 5 May 2016
Committee on Housing and Homelessness
Irish League of Credit Unions
10:30 am
Anne Rabbitte (Galway East, Fianna Fail) | Oireachtas source
When the credit unions had a large build-up of savings and went to a local bank to invest them, be it for three months, six months, 12 months or otherwise, they were allowed to invest. Was that just a cash investment or could there have been different investments, such as bond investments? A bond could have been associated with property or equities. Was the movement tied up in terms of how it was allowed to invest that money?
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