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Ireland · Question · written

PQ 199

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]

askedIreland· Dáil Éireann· EN

Introduced

19 November 2013

Last action

19 November 2013 · Credit Unions

Status

written

Sponsors

Ciara Conway

Subjects

Discovery layer

Source updated

19 November 2013

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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Timeline

  1. 19 November 2013

    Credit Unions

    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]

    Source: written

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Sponsors

  • Ciara Conway · Asking member
  • Finance · Finance · Addressed to

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