Dáil debates

Thursday, 18 October 2018

Ceisteanna Eile - Other Questions

Retail Sector

11:25 am

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

I met representatives of the four pillar banks, in particular Ms Francesca McDonagh, CEO of Bank of Ireland, Mr. Bernard Byrne, group CEO of AIB, and Ms Jane Howard, chief executive of Ulster Bank, and we discussed the following topics: the importance of the banks in supporting enterprise resilience in the context of Brexit, access to finance, the relatively high cost of credit in Ireland vis-à-visother EU countries, and the banks' participation in and promotion of the range of Government schemes to support improved access to finance, such as the Brexit loan working capital loan scheme. We had a very good discussion and it is important that we keep those lines of communication open and that I have the opportunity to bring to the attention of the banks the issues that businesses are telling me about. I will keep that in mind.

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