Oireachtas Joint and Select Committees

Tuesday, 9 March 2021

Public Accounts Committee

Strategic Banking Corporation of Ireland: Financial Statements 2019

9:30 am

Photo of Seán SherlockSeán Sherlock (Cork East, Labour) | Oireachtas source

Can Mr. Black talk me through the strategic review for the period 2020 to 2025? He referred to new SME funding for the energy retrofit sector. How advanced is that conversation at present? When does Mr. Black see the SBCI moving into that sector for productive lending? How does he propose that those moneys will be disbursed?

Reference was made to the credit unions. To what extent does Mr. Black see credit unions as a viable option for funding into this sector? It very much filters down to the local economy. Where stands the conversation in that regard?

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