Oireachtas Joint and Select Committees

Wednesday, 16 December 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Credit Union Sector: Discussion (Resumed)

2:30 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael)
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In her presentation Ms McKiernan stated: "The key indicator of sector growth potential – the loan-to-asset ratio - has fallen to 28% from its 2008 level of 52%." What loan-to-asset ratio does she believe a credit union should have to ensure it is viable in the long term?