Wednesday, 20 May 2020
Department of Transport, Tourism and Sport
1047. To ask the Minister for Transport, Tourism and Sport if he has had discussions with the banking sector in relation to the need to support the tourism and hospitality sector through the major difficulties that have arisen due to Covid-19; and if he will make a statement on the matter. [6700/20]
Minister Ross and I have engaged with banking representatives to address difficulties being experienced by tourism businesses. We held two meetings with the Banking and Payments Federation of Ireland on 16th April and on 5th May to discuss issues of concern including interest on facilities, credit ratings, personal guarantees and overdraft facilities.