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

Photo of John PerryJohn Perry (Sligo-North Leitrim, Fine Gael)
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In terms of the resolution of the fund, is Mr. Doyle not disappointed with regard to the outcry of recapitalisation of banks and credit unions in the context of the availability of credit? There is no point having this fund in place if it is not drawn on. Are further measures needed to ensure greater flexibility to enable credit unions to avail of it in order to recapitalise themselves?