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

When we consider the credit unions in the context of what happened with the banks and financial institutions, the language used by Ms McKiernan when speaking about them was very strong, which is very unfair. We have discovered that there was no net loss to the Exchequer overall on behalf of credit unions. The credit institutions resolution fund has been established. Where does Ms McKiernan see it finishing? How much will be paid into it? Will it be there while the credit unions are there?

What is the purpose of the credit union resolution fund going forward?

Comments

No comments

Log in or join to post a public comment.