Oireachtas Joint and Select Committees
Thursday, 3 March 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
9:30 am
Colm Burke (Cork North Central, Fine Gael) | Oireachtas source
The HBFI lends money to developers who must show they have had difficulty in getting the required borrowing from the financial institutions. What is the difficulty about the financial institutions providing lending at this stage? Never before has there been so much money on deposit in the main banks in this country. Why is there a reluctance in the financial sector to provide funding?
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