Oireachtas Joint and Select Committees
Wednesday, 30 March 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with the Central Bank of Ireland
Ms Mary-Elizabeth McMunn:
As the Deputy rightly said, we have recently seen some initial additional investment come on board for AHBs in respect of funds in this regard. Ultimately, what is being referred to here are investments. We reviewed the investment framework and, from our perspective, we concluded that there are appropriate choices and diversification opportunities for credit unions. I cannot directly answer the Deputy's question regarding why more is not happening in respect of what is available for credit unions.