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 Mary ButlerMary Butler (Waterford, Fianna Fail) | Oireachtas source

Mr. Johnson referred earlier to the costs of running credit unions. Would credit unions be able to compete with the Sparkassen interest rates of 1% and 2%? In terms of credit unions expanding their portfolios to lend to SMEs, could they be competitive with interest rates if they got the go-ahead to do it?

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