Dáil debates

Thursday, 16 October 2014

Ceisteanna - Questions - Priority Questions

Credit Availability

10:10 am

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael) | Oireachtas source

They are being rolled out as we speak. As I have indicated, over €150 million from my own few funds is going out the door. That compares with €2 billion in new lending from the whole banking system. These significant and ambitious changes are changing the landscape of choices that are available to SMEs as they grow. That is the environment we are now in. We are putting in place well-tailored instruments to help these businesses to grow. As the Deputy knows, the banking corporation is looking at export finance and at specialist instruments to ensure it is well aligned with the needs of companies.

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