Oireachtas Joint and Select Committees

Tuesday, 30 June 2020

Special Committee on Covid-19 Response

Impact of Covid-19: SME Recovery

Mr. Derek Butler:

What the Deputy is seeing is a gradual withdrawal of confidence from the system. When we see banks starting to withhold mortgage approvals, it is the very start of the withdrawal of confidence in the economic system. To go back to a number of points the other representatives made, liquidity concerns beget solvency concerns and-----

Comments

No comments

Log in or join to post a public comment.