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

I thank the witness for the explanation. I will finish on that particular point. The witness said that mentioning the number would make it the focus. However, when the number is not mentioned, they all become the focus. I think that is unfair to those credit unions that are performing. I believe most of them perform reasonably well as of now because of the corrections that were made by the sector and with the help of the Central Bank and the regulator and so on. When statements like this are made, they need to be tested. In testing it, the numbers need to be given.

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