Written answers

Thursday, 16 December 2021

Photo of Jackie CahillJackie Cahill (Tipperary, Fianna Fail)
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147. To ask the Minister for Finance his views on the need for future collaboration and co-operation in the credit union sector. [62242/21]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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Enhancing collaboration is rightly seen as central to the future of the credit union movement. Increased cooperation will allow credit unions to better serve their members by increasing the range of services offered.

There are many recent – and positive – examples of collaboration including current accounts, investment in social housing, agri-lending, retrofit lending and State supported SME lending. I would encourage credit unions to deepen their collaborative efforts. 

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