199. Deputy Ciara Conway asked the Minister for Finance his views on the recent announcement by the Central Bank to grant permission to wind up a credit union (details supplied) and to allow it to be taken over by a bank; if he will respond to recent commentary that 56 credit unions countrywide were found to have insufficient capital as per a report by the Commission on Credit Unions; his views on the future role of credit unions; and if there will be a requirement for any other credit unions to merge in the future. [49294/13]

Summary

199. Deputy Ciara Conway asked the Minister for Finance his views on the recent announcement by the Central Bank to grant permission to wind up a credit union (details supplied) and to allow it to be taken over by a bank; if he will respond to recent commentary that 56 credit unions countrywide were found to have insufficient capital as per a report by the Commission on Credit Unions; his views on the future role of credit unions; and if there will be a requirement for any other credit unions to merge in the future. [49294/13]

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• Credit Unions

  xml · EN · 19 November 2013

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