Oireachtas Joint and Select Committees
Tuesday, 27 March 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Overview of Operations: Strategic Banking Corporation of Ireland
2:00 pm
Kieran O'Donnell (Fine Gael) | Oireachtas source
Up to €675 million is provided through the scheme. How can the SBCI be certain that this funding is going to SMEs and not being used as a cheap finance by the institution to prop up its balance sheet?
What controls are in place to ensure it is not being used as a method by which the banks can do that?
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