Dáil debates
Thursday, 6 November 2008
Banking Sector Regulation.
2:00 pm
Brian Lenihan Jnr (Dublin West, Fianna Fail)
With regard to the shortage of credit for particular businesses and especially small and medium sized Irish firms, I have asked my Department to liaise with the Central Bank, the Financial Regulator and the financial institutions to assess the reality of the many claims put forward in that regard.
On capitalisation, which was the main burden of the question put by Deputy Bruton, the Deputy opened the issue by saying the banks were experiencing difficulty in obtaining deposits. Statistics show the degree of funds attracted to the Irish banks as a result of the liquidity——
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