127. Deputy Michael McGrath asked the Minister for Finance his views on whether banks should extend the approval in principle periods for those on the temporary wage subsidy scheme and other such Covid-19 measures; if he has consulted with the banks on the issue; his views on whether such a move would not represent an issue for the banks as they will continue to have the right to withdraw approval when the loan advances to the loan offer stage; and if he will make a statement on the matter. [6818/20]

Summary

127. Deputy Michael McGrath asked the Minister for Finance his views on whether banks should extend the approval in principle periods for those on the temporary wage subsidy scheme and other such Covid-19 measures; if he has consulted with the banks on the issue; his views on whether such a move would not represent an issue for the banks as they will continue to have the right to withdraw approval when the loan advances to the loan offer stage; and if he will make a statement on the matter. [6818/20]

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• Banking Sector

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