Oireachtas Joint and Select Committees

Thursday, 26 January 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Business and Banking: Discussion.

10:00 am

Mr. Séamas Ó Muilleaneoir:

For the number of people seeking loans between €500,000 to €10 million, they would need only two offices in the country. How do SPFIC, Strategic Banking Corporation of Ireland, SBCI, and the others organise? The big sector is from approximately €20,000 to €500,000. Make no mistake, the credit unions have saved Ireland. They have saved the communities across the country.

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