Written answers
Friday, 7 September 2018
Department of Agriculture, Food and the Marine
Brexit Data
Charlie McConalogue (Donegal, Fianna Fail)
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1022. To ask the Minister for Agriculture, Food and the Marine further to Parliamentary Question No. 585 of 12 July 2018, the status of the data in relation to quarter one. [36951/18]
Michael Creed (Cork North West, Fine Gael)
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The Brexit Loan Scheme opened on the 31st March 2018 and will remain open until 31st March 2020, or until it is fully subscribed. It is operated by the Strategic Banking Corporation of Ireland (SBCI) through the banks.
SBCI have informed my Department that the banks have reported the first official data on the Scheme and that this is currently being compiled into a report that will be made available shortly. In this regard they noted that the end of the first reportable quarter was 30 June and that the participating banks have a 45 day timeline within which they are required to report official data to the SBCI.
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