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

3:45 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
Link to this: Individually | In context | Oireachtas source

Yes, as always. I thank Mr. Trethowan for coming before the committee. There is broad respect and an appreciation of the work being done, among Members of the Houses and, more importantly, in the business sector. While Mr. Trethowan has brought a watchdog to the credit sector, we understand the office has responsibilities and obligations. It is not about getting credit for companies that are almost facing bankruptcy, with further debt being added. As a recommendation was made, we will write to various parties to request that the office be part of the notification procedure in terms of internal reviews. The office might follow up on our request that statements and templates be provided. I thank our guests for their time and we will probably see them again. The reports of the office are of interest to the committee and we wish it continued success.