Oireachtas Joint and Select Committees

Tuesday, 9 June 2020

Special Committee on Covid-19 Response

Reopening the Economy: Supports for Business

Mr. Declan Hughes:

We are looking at all players in the market and trying to see what more we can do with them. The credit unions are very much on our radar in terms of their potential as we roll out SBCI and EIB funding. We consider the credit guarantee scheme to be particularly relevant to them. They are already working with many businesses. As the Deputy is aware, there is a very good credit union in Kilkenny. The credit unions are a group with expertise around the country and we hope to do more business with them.

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