Oireachtas Joint and Select Committees
Thursday, 5 July 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland (Resumed): Bank of Ireland
9:30 am
Mr. Gavin Kelly:
The scheme was opened officially a couple of months ago and we have had very few applications. Based on what was learned last year, the scheme's operation changed. An SME has to apply to the SBCI first to obtain approval; the application then comes through to us. The indications from the SBCI are that it has received a few, but we have had fewer than 20 applications.
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