Dáil debates

Thursday, 25 February 2010

10:30 am

Photo of Denis NaughtenDenis Naughten (Roscommon-South Leitrim, Fine Gael)

I have been contacted in the past 48 hours by two businesses in the west and north west who have had loans sanctioned and approved by two of the major banks in this country, but cannot get the money from them. The banks are using every mechanism available to them to postpone the payments, which are now threatening jobs in the businesses to which I refer. I am sure this is not an isolated incident. In light of that, will the Tánaiste examine what is happening within the banking institutions in this country regarding the postponement of the issuing of moneys where loans have been approved? When will No. 56, the Central Bank (consolidation) Bill, come before the House?

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