Oireachtas Joint and Select Committees
Thursday, 31 January 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Credit Union Advisory Committee: Discussion
Kieran O'Donnell (Fine Gael) | Oireachtas source
We spent three or four days intensively investigating the Sparkasse model in Germany. It does not make sense to set up such a system. We already have a viable network. By doing that, it would give a framework that would enable all those other areas to come in. Why has the increase in lending been so low and why is the loan-to-asset ratio by credit unions on the low side? What is the cause of that?
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