Written answers

Thursday, 3 December 2009

Department of Finance

National Asset Management Agency

5:00 am

Photo of Lucinda CreightonLucinda 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]

Photo of Brian Lenihan JnrBrian 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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