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
Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source
Considering that credit unions may have invested in Government guaranteed bonds for some of their portfolio, does it not seem extreme to have a reserve requirement of that nature, given that they are underpinned by the Government for a part of their investment? Does that not still seem a bit harsh?
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