Written answers

Tuesday, 9 June 2020

Department of Finance

Strategic Banking Corporation of Ireland

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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79. To ask the Minister for Finance the number and value of loans provided by the Strategic Banking Corporation of Ireland in each month of 2020, by type of loan product in tabular form; and if he will make a statement on the matter. [10325/20]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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The information requested by the Deputy is set out in the following table.

Scheme Number of loans sanctioned from 1 January to 4 June 2020 Value of loans
Future Growth Loan Scheme 667 €161,566,068
Brexit Loan Scheme 48 €7,068,000
Covid19 Working Capital Scheme 372 €45,676,500
Credit Guarantee Scheme 11 €3,304,000
Liquidity 856 €44,396,385.89
Total 1954 €262,010,953.9

The Strategic Banking Corporation of Ireland (SBCI) has provided information on the number and value of loans sanctioned under the various loan schemes from the 1st January 2020 to the 4th June 2020. The SBCI has informed the Department of Finance that they do not currently have this information available on a month by month basis. The SBCI releases data on a periodic basis and expects to release updated scheme data to the end of June in mid July.

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