Written answers
Thursday, 3 December 2009
Department of Finance
National Asset Management Agency
5:00 am
Lucinda Creighton (Dublin South East, Fine Gael)
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Question 68: To ask the Minister for Finance if the passing of the National Asset Management Agency legislation has produced a quantifiable increase in the availability of credit to small businesses; and if he will make a statement on the matter. [44907/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The latest available statistics on credit availability, published by the Central Bank on 30 November, cover the period October 2009. As the NAMA legislation was only passed on 12 November and signed into law on 22 November, it is not yet possible to say whether this has had any effect on the availability of credit to small businesses.
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