260. Deputy Willie Penrose asked the Minister for Finance if he will undertake discussions with the credit union movement with a view to having the lending restrictions, which have been imposed upon half of these bodies with attendant complex regulators attached, relaxed in order to enable them to devise micro-loan schemes, to enable persons of limited means to borrow small amounts of money of up to €2,000, and prevent such persons resorting to money lenders; and if he will make a statement on the matter. [25078/15]

Summary

260. Deputy Willie Penrose asked the Minister for Finance if he will undertake discussions with the credit union movement with a view to having the lending restrictions, which have been imposed upon half of these bodies with attendant complex regulators attached, relaxed in order to enable them to devise micro-loan schemes, to enable persons of limited means to borrow small amounts of money of up to €2,000, and prevent such persons resorting to money lenders; and if he will make a statement on the matter. [25078/15]

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• Credit Union Regulation

  xml · EN · 23 June 2015

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