Oireachtas Joint and Select Committees
Tuesday, 9 March 2021
Public Accounts Committee
Strategic Banking Corporation of Ireland: Financial Statements 2019
9:30 am
Colm Burke (Cork North Central, Fine Gael) | Oireachtas source
Mr. Black might come back to me on the specific issue of the €299,000 that went to the British company because that is what is showing up in its accounts.
I have two questions with regard to the second issue I want to ask about. First, is this company that the SBCI is dealing with the only non-bank on-lending partner that provides an invoice financing facility on behalf of SBCI? Second, how does SBCI choose its co-lending partners? What is the process? Is there a procurement process? Is the process open to all financial service providers?
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