Oireachtas Joint and Select Committees
Wednesday, 20 February 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Access to Credit Provision: Discussion with Credit Review Office
2:15 pm
Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source
The overall figures relating to the two pillar banks for 2012, which are contained in Mr. Trethowan's most recent quarterly report, indicate that these banks have met their SME loan targets of €3.5 billion. The report also indicates that over €8 billion in credit was sanctioned in 2012 and that €2.5 billion of this was new lending that was drawn down. How much of the €8 billion - some of which related to loans that were rolled over or restructured - was drawn down?