Oireachtas Joint and Select Committees

Thursday, 11 December 2014

Public Accounts Committee

Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013

11:40 am

Mr. John Doyle:

The issue is the relative unattractiveness of the fund to credit unions in that taking on debt at 5%, 6% or 7% in the current environment is difficult for them.