Oireachtas Joint and Select Committees
Tuesday, 2 March 2021
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Estimates for Public Services 2021
Vote 11 - Office of the Minister for Public Expenditure and Reform (Revised)
Vote 12 - Superannuation and Retired Allowances (Revised)
Vote 14 - State Laboratory (Revised)
Vote 15 - Secret Service (Revised)
Vote 17 - Public Appointments Service (Revised)
Vote 18 - National Shared Services Office (Revised)
Vote 19 - Office of the Ombudsman (Revised)
Vote 39 - Office of Government Procurement (Revised)
Vote 43 - Office of the Chief Government Information Officer (Revised)
Mairéad Farrell (Galway West, Sinn Fein) | Oireachtas source
On the issue of Bank of Ireland closing branches, I listened with interest when the Minister mentioned the potential of the credit unions. I would be interested to hear his views. I think in the last year or so, new lending regulations now allow credit unions to lend 7.5% to 15% for secured loans, which was deemed a big success by certain people. Certain people in the credit union sector felt that it shut them out of the market. As the Minister mentioned the role of the credit unions, what are his views on that? Will he raise it with the Central Bank the next time he is in contact with it if it is his view that credit unions will be playing a major role in the future?
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