Written answers
Tuesday, 19 November 2013
Department of Finance
Credit Unions
Jack Wall (Kildare South, Labour)
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208. To ask the Minister for Finance when will the credit report and the viability report, both dated the 10 February 2012, regarding Newbridge Credit Union will be published or available; and if he will make a statement on the matter. [49478/13]
Michael Noonan (Limerick City, Fine Gael)
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The Central Bank has published on its website, a range of material in relation to the transfer of Newbridge Credit Union to Permanent TSB. This includes a resolution report prepared for the Governor of the Central Bank and an affidavit prepared for a hearing in the High Court. I am advised by the Central Bank of its view that a range of other material remains subject to confidentiality restrictions, which includes the credit report and viability report, and the Central Bank is currently examining whether any of this material can come into the public domain in due course.
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