Oireachtas Joint and Select Committees

Tuesday, 9 June 2020

Special Committee on Covid-19 Response

Reopening the Economy: Supports for Business

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

On the SBCI, I understand that it deals with applications efficiently and well and that all of the roadblocks for proposals from businesses arise when the pillar banks get involved. There is a requirement to secure 20%, the banks are not too pushed about getting involved and they are stalling on applications. Is that the experience of the Department? Does it have evidence in that regard?

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