Oireachtas Joint and Select Committees
Tuesday, 23 October 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Report on Local Public Banking: Discussion
1:30 pm
Kieran O'Donnell (Fine Gael) | Oireachtas source
We need to get down to brass tacks. We need to know if the credit unions have the capacity within the existing regulatory rules to engage in SME lending, or is there some barrier? The Chairman alluded to this earlier. He asked the exact question I intended to ask. It is the only question we need answered. The regulator implied that the capacity existed but the credit unions were not increasing their lending. We need to know the real facts.
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