Dáil debates
Thursday, 28 February 2019
Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions
Credit Union Lending
11:50 am
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
I thank the Deputy for recognising our acknowledgement of the credit union movement and the support that we have put in place for the sector in recent years. A review of whether it would be appropriate to allow the movement to play a larger role in the provision of mortgage loans is under way. I expect that work to come to an end later this year. It is appropriate that we allow it to conclude, given that the proposed increase in the movement's ability to lend would be significant. I expect to see draft regulations later this year, which the movement, other stakeholders and I will be in a position to evaluate.
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