Oireachtas Joint and Select Committees

Thursday, 23 March 2017

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

Overview of the Credit Union Sector: Discussion

9:30 am

Photo of Paddy BurkePaddy Burke (Fine Gael) | Oireachtas source

My final question is about the credit institutions resolution fund set up some time ago. It was supposed to be around €100 million and credit institutions were to contribute some €25 million per annum, of which the credit union part was approximately €7 million. It was to be for a four-year period but it has now gone in to a five-year period. Can the Department tell the committee when this is to finish or if it is to continue? What is the position on this?

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