157. Deputy Michael McGrath asked the Minister for Finance if he has the power to increase the 1% per month interest limit for the credit union sector; if this power is vested in the Central Bank; his plans to increase the limit to 2% to better enable credit unions to provide smaller short-term loans to members; and if he will make a statement on the matter. [50659/18]

Summary

157. Deputy Michael McGrath asked the Minister for Finance if he has the power to increase the 1% per month interest limit for the credit union sector; if this power is vested in the Central Bank; his plans to increase the limit to 2% to better enable credit unions to provide smaller short-term loans to members; and if he will make a statement on the matter. [50659/18]

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• Credit Union Regulation

  xml · EN · 4 December 2018

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