Oireachtas Joint and Select Committees
Thursday, 7 March 2013
Public Accounts Committee
2011 Appropriation Accounts and Annual Report of the Comptroller and Auditor General
Vote 6 - Office of the Minister for Finance
Chapter 1 - Financial Outturn for 2011
Chapter 2 - Government Debt
Chapter 3 - Banking and Insurance Measures
Chapter 5 - EU Financial Transactions
12:20 pm
Mr. John Moran:
Precisely. From the point a credit application is made, a very comfortable percentage of the applications are given credit, relative to the state of the economy. What is not easy to understand is why such a low number of those refused credit at this point look to the Credit Review Office or the internal process of the bank.