Oireachtas Joint and Select Committees
Wednesday, 23 June 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Banking Matters: Permanent TSB
Mr. Patrick Farrell:
We have drawn 112 cases and €23 million so far. We got a fund of €50 million, and we were twice oversubscribed. We are working through the rest of the drawdown of that €50 million. We are also working with customers who do not have an SBCI fund to see how else we can meet their needs and are working with the SBCI on future funds that are coming in its plans down the road. This has been a very successful fund for us and for customers and we are looking forward to working with the SBCI on future funds.
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