Dáil debates

Wednesday, 16 May 2012

4:00 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)

The banks now tell me they are holding open days and attending functions and chambers of commerce meetings. They say they have been recapitalised, have money to lend and people should talk to them. I do not know the details of all those conversations, but it might be a good idea to have a discussion in the House on the types of cases mentioned by the Deputy, without giving details or names, obviously. Such a discussion would be important in making the banks aware of the extent of what the Deputy is talking about but also in pointing out what is being done.

Great work is being done on the personal insolvency Bill, which is part of this critical area. The Bill is complex and is expected to be published by June.

I do not accept the Deputy's premise that we are sitting on our hands. There is very direct contact with the banks about lending credit to businesses.

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