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

Credit unions have experienced bad publicity over the years. My understanding from the information provided by the officials is that credit unions paid €30 million into the stabilisation fund, of which €20 million or €30 million has been used. This means the credit unions have not cost anything. Is that the case?

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