Written answers
Wednesday, 8 May 2024
Department of Enterprise, Trade and Employment
Departmental Data
Louise O'Reilly (Dublin Fingal, Sinn Fein)
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171. To ask the Minister for Enterprise, Trade and Employment further to Parliamentary Question No. 250 of 6 March 2024, the expected default rate on State-backed loans of 80%; how such a rate is calculated; and if he will make a statement on the matter. [20289/24]
Peter Burke (Longford-Westmeath, Fine Gael)
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The expected default rate and calculation of same for State backed loan schemes is not a matter for my Department. This is a matter solely for the on-lenders of the schemes and is commercially sensitive information that is not released by the on-lenders.
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