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

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

Then there is the Canadian model and that will require co-operation within the credit union movement in terms of expertise. A back office needs to be set up. There have to be Chinese walls because credit unions themselves are entitled to confidentiality in terms of dealing with their own individual customers. I know I am slightly diverting but are the credit unions losing money on the micro-finance project that is in place at the moment given the way it is structured? Could Mr. Corr explain the situation?

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