Oireachtas Joint and Select Committees
Wednesday, 29 January 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Report on Licensed Moneylending Industry: Central Bank of Ireland
3:55 pm
Ciarán Lynch (Cork South Central, Labour)
Link to this: Individually | In context | Oireachtas source
Mr. Sheridan in his opening statement said that there is much commentary and concern in regard to what is happening in the high street in Britain. Is the Irish market as currently structured attractive to such lenders? Can the Central Bank, under current regulations, facilitate interest rates of 5,000% plus, as is currently the case in Britain?