Dáil debates
Wednesday, 2 December 2009
Bank Lending Policy.
Billy Kelleher (Cork North Central, Fianna Fail)
All the banks that are covered by the guarantee will be included. Other stakeholders from broader industry, as well as representatives of bodies like Enterprise Ireland, will be represented too. Public interest directors have been appointed to the banks. There have been personnel changes within the top echelons of the banks. The first priority was to stabilise and capitalise the banks and remove the impaired balance sheets. Now we can deal with the real issue, which is the need to get credit flowing to the small and medium-sized business sector.
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