Written answers
Tuesday, 19 April 2011
Department of Finance
Banks Recapitalisation
8:00 pm
Willie O'Dea (Limerick City, Fianna Fail)
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Question 84: To ask the Minister for Finance if he will provide a breakdown of the €30 billion loans which he expects the recapitalised Irish banks to make over the next three years between small and medium enterprises, large corporations and mortgages. [8280/11]
Michael Noonan (Limerick City, Fine Gael)
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The core pillar banks are expected to provide new lending in excess of €30 billion in the next 3 years. SME and new mortgage lending for these banks is expected to be in the range of €16-€20 billion over the 3 year period.
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