Seanad debates
Thursday, 23 February 2017
Order of Business
10:30 am
Catherine Noone (Fine Gael) | Oireachtas source
I am when it comes to this matter. As I said, it is a very damaging trend which I will bring to the attention of the Minister for Finance. In the lead-up to the mortgage crisis the banks engaged in this activity on a much larger scale. I have a friend who wanted to set up a business and applied for a €1 million loan. The response from the bank was that it was prepared to loan her €2 million. We do not want to move towards engaging in that activity again.
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