Oireachtas Joint and Select Committees
Thursday, 12 October 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland
9:30 am
Paddy Burke (Fine Gael) | Oireachtas source
The witnesses are saying the credit unions would be key to this because they have up to €10 billion or €12 billion on deposit and they are not getting any reward from the banks for that. This would be a key part of the funding for the 6:1 ratio as well.
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