Dáil debates

Tuesday, 9 November 2021

Ceisteanna Eile - Other Questions

Credit Unions

8:40 pm

Photo of Cormac DevlinCormac Devlin (Dún Laoghaire, Fianna Fail) | Oireachtas source

I thank the Minister of State for that reply and for his engagement, particularly on the review. I note that €1.1 billion being lent for SMEs and mortgages. Will he please update the House on the three commitments contained within the programme for Government, one of which is the status of the review with the policy framework with the credit unions and how they are operating? What action is being taken to enable and support the credit union movement to grow? I also note the 18% increase in the loan book. How are he and his Department supporting credit unions in expanding their services to encourage community development? Finally, I ask the Minister of State to provide an update on these commitments, either to the House this evening or in written form.


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