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Dáil Éireann debate -
Thursday, 26 Nov 1987

Vol. 375 No. 9

Written Answers. - BIM Loans.

41.

asked the Minister for the Marine the total sum due by fishermen to Bord Iascaigh Mhara on foot of boats held by them under contract; and the total amount of Exchequer guarantees given to the banks on foot of advances to fishermen.

The total amount due by fishermen to BIM in respect of loan agreements amounted to £19 million as at 31 October, 1987. Exchequer guarantees are not given to the banks on foot of loans to fishermen. There are however BIM guarantees totalling £15 million as at 31 October, 1987 in respect of such loans.

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