Written answers

Wednesday, 17 November 2010

Department of Agriculture and Food

Agricultural Financing

9:00 pm

Photo of Deirdre CluneDeirdre Clune (Cork South Central, Fine Gael)
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Question 234: To ask the Minister for Agriculture, Fisheries and Food the steps he has taken to ensure that access to credit for viable farm business from banks continues to be available; and if he will make a statement on the matter. [43235/10]

Photo of Brendan SmithBrendan Smith (Minister, Department of Agriculture, Fisheries and Food; Cavan-Monaghan, Fianna Fail)
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My Department is in contact with the main farm organisations concerning the availability of credit to farmers and I meet periodically with the Banking Federation to discuss credit availability to farming and agribusiness sectors.

I also note the latest report from the Credit Review Office. To date there are only two cases of farmers being actively dealt with by the Credit Review Office. One of these has been completed and the farmer concerned has reached an agreement with his lending agency.

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