Jackie Cahill (Tipperary, Fianna Fail) | Oireachtas source

It is simply unacceptable that banks are halting lending to those in receipt of the wage subsidy scheme and the pandemic unemployment payment. Reports also that extra scrutiny will be applied to so-called high-risk workers certainly do not help matters. At a time when all sectors of society are pulling together to aid our recovery from the pandemic, the banks' actions are simply unacceptable. We need to encourage and incentivise investment post Covid to stimulate our now fragile economy. The banks owe this to the public. We bailed them out in the recent past and they must now step up to treat customers fairly. How does the Government intend to deal with this decision? What legislation, if any, will be introduced to aid it?

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