Oireachtas Joint and Select Committees

Tuesday, 30 January 2018

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Cost of Doing Business in Ireland: Discussion (Resumed)

3:00 pm

Photo of Niall CollinsNiall Collins (Limerick County, Fianna Fail) | Oireachtas source

Can the witnesses from the credit unions provide a quantum of the money available for lending to businesses? Can they give an indication, similar to that given by Sparkassen, of the differential on the rates a credit union could charge for a typical €200,000 loan over five years? We know the rates that the main pillar banks are charging. What has to be done to unlock the money which could potentially be made available?

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