Louise O'Reilly (Dublin Fingal, Sinn Fein) | Oireachtas source

The Minister of State is saying that the imposition of a cap would exclude the credit unions. While he might not have it here, does he have information on how many loans have been issued by the credit unions under the other schemes? Are they intrinsically involved? My understanding was it was mostly the main banks. I appreciate the point the Minister of State has made. Notwithstanding that I intend to press the amendment.

The banks will do a lot of heavy lifting on this. The purpose of the scheme is to ensure that it works. The Department cannot set the terms beyond what we are discussing here today and it will be back over to the banks after this. I share the same ambition as the Minister of State. I want to see the scheme work and help those businesses that are viable but vulnerable and ensure that not just businesses but the jobs can be saved. For that reason, I will press the amendment.

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