Written answers
Thursday, 30 September 2010
Department of Finance
Credit Availability
10:30 am
Bernard Durkan (Kildare North, Fine Gael)
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Question 121: To ask the Minister for Finance the discussions he has had with various financial institutions to encourage lending to the business and job creation sector; and if he will make a statement on the matter. [34120/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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Both myself and my officials are in regular contact with the recapitalised banks on lending to the SME sector. Both Mr. John Trethowan and my Department receive monthly progress reports from the two banks which allow us to ensure they deliver on the strong commitments given in their €3bn lending plans to support viable businesses in all sectors of the economy and in every area of the country. There are also regular meetings to discuss the quarterly recapitalisation reports which cover the customer package agreed in February 2009.
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