Dáil debates

Tuesday, 9 May 2023

Ceisteanna Eile - Other Questions

Banking Sector

10:20 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

We must have a banking system that provides services to customers. The State had to rescue the banks by investing an enormous amount of money. We are recouping much of that money but still have a journey to go. All of that work and the services provided by the banking sector, which supports thousands of staff in Ireland, is complemented by the work of the credit union movement. Credit unions are community-focused and their volunteer ethos is unique. The Government is a strong supporter of the credit union movement.

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