Seanad debates

Thursday, 8 March 2012

10:30 am

Photo of Paul CoghlanPaul Coghlan (Fine Gael)

In this instance it is necessary to proceed with caution. We need to grow business in the banks. We have all heard of the many complaints of small businesses and others who are starved of credit and necessary working capital. The credit function is mostly centralised and the people working in that function in head office are vital to the future of growing the banking business here. I recommend caution now with less speed on this issue. Until there is proper consultation and this is sorted out, no one should be allowed to leave. As I have done previously, I call for an urgent debate on banking which I hope the Leader can arrange in early course.

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