Oireachtas Joint and Select Committees

Tuesday, 2 May 2017

Joint Oireachtas Committee on Agriculture, Food and the Marine

Agriculture Cashflow Support Loan Scheme: Strategic Banking Corporation of Ireland

4:00 pm

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

If the SBCI were to assess the information that is currently available, it would be able to ascertain whether people have been excluded. If people have applied to one of the three institutions and do not meet the criteria, they will not have an opportunity to secure a good value loan at an interest rate of 2.95%. Mr. Ashmore stated that the intelligence available to the SBCI from the Department indicated that everybody would be covered. It is important to find out, sooner rather than later, whether that is correct.

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