27 Deputy Jack Wall asked the Minister for Finance his views on the significant increase in loan arrears in the Irish credit union sector, with payments not having been made on loans for ten weeks or more on 13.5% of outstanding loans; if he is concerned that some 20 credit unions could be in serious financial difficulties; if he intends to bring forward legislation to establish a resolution regime for credit unions; and if he will make a statement on the matter. [25624/10]

Summary

27 Deputy Jack Wall asked the Minister for Finance his views on the significant increase in loan arrears in the Irish credit union sector, with payments not having been made on loans for ten weeks or more on 13.5% of outstanding loans; if he is concerned that some 20 credit unions could be in serious financial difficulties; if he intends to bring forward legislation to establish a resolution regime for credit unions; and if he will make a statement on the matter. [25624/10]

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• Credit Union Sector

  xml · EN · 17 June 2010

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