Enda Kenny (Mayo, Fine Gael) | Oireachtas source

There have been a number of reports on credit unions, which the Government fully support. The regulator for the credit unions is the Central Bank. Government fully supports the credit unions and the many hundreds of thousands of members who participate in credit unions. Those reports were commissioned and recommendations made for the improvement of the credit unions for the benefit of the many hundreds of thousands of customers. Government supports that. In response to a question yesterday, I said the moneys available to the credit union to provide the opportunity to provide houses is a matter for approval by the Central Bank, which is the regulator. Government is anxious it will be forthcoming.

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