Michael Noonan (Limerick City, Fine Gael)
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I am awaiting advice. The Department has until May 2016 to make a decision. The size of an institution and levels of its assets are factors when one tries to make comparisons between financial institutions. However, the really key question is the risk and it is in trying to measure the risk objectively that I will arrive at a decision. It is possible to have a credit union with a small amount of assets but with a high risk, which we have seen before. As the Deputy is aware, and it is a view shared here at this committee, Deputies in this House are generally well disposed to the credit union movement because we realise its importance. This is also a consideration.