Oireachtas Joint and Select Committees
Thursday, 4 May 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Improving Investment Opportunities in the Wider Economy: Discussion
10:00 am
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I might write to the SBCI and ask the IFA, whose representatives raised it with me, to bring it to the SBCI's attention as well. In respect of the ambition of the organisation, where does Mr. Ashmore see it going? We see the figures here. The agricultural long lending is very impressive and has been hugely welcomed by farmers but we see other areas relating to SMEs. When one puts it in the context of financing in Ireland, it is not even a drop in the ocean. Is there potential to grow the SBCI? If this potential exists, what do we need to unlock to allow it to grow, flourish and be more of a player in providing cheaper, easier and accessible credit to SMEs?
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