Oireachtas Joint and Select Committees

Thursday, 2 March 2017

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

Financial Services Ombudsman's Bureau - Strategic Plan 2017 and Tracker Mortgage Issues: Discussion

10:00 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

I have one other question regarding the banks. The banks administer European funding to small businesses at a special rate. When an application for that type of funding is refused, it is referred back to another State agency for its view on the reasons it was refused. Where that State agency indicates that the small business should get that loan but the bank continues to refuse, is that an issue for the Financial Services Ombudsman?

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