Dáil Éireann Debate, Thursday - 3 October 2013
74. Deputy Patrick O'Donovan asked the Minister for Finance if he will provide a breakdown by month of the number of appeals to the Credit Review Office and the numbers that have been successful since its creation to August 2013; and if he will make a statement on the matter. [41616/13]
View answerThe Credit Review Office has provided me with the following information:
|
Month |
Eligible Cases |
|
Apr-10 |
2 |
|
May-10 |
5 |
|
Jun-10 |
4 |
|
Jul-10 |
1 |
|
Aug-10 |
4 |
|
Sep-10 |
3 |
|
Oct-10 |
7 |
|
Nov-10 |
8 |
|
Dec-10 |
5 |
|
Jan-11 |
3 |
|
Feb-11 |
6 |
|
Mar-11 |
7 |
|
Apr-11 |
5 |
|
May-11 |
7 |
|
Jun-11 |
5 |
|
Jul-11 |
2 |
|
Aug-11 |
8 |
|
Sep-11 |
8 |
|
Oct-11 |
8 |
|
Nov-11 |
5 |
|
Dec-11 |
4 |
|
Jan-12 |
6 |
|
Feb-12 |
8 |
|
Mar-12 |
5 |
|
Apr-12 |
14 |
|
May-12 |
14 |
|
Jun-12 |
17 |
|
Jul-12 |
14 |
|
Aug-12 |
10 |
|
Sep-12 |
9 |
|
Oct-12 |
14 |
|
Nov-12 |
15 |
|
Dec-12 |
7 |
|
Jan-13 |
11 |
|
Feb-13 |
18 |
|
Mar-13 |
6 |
|
Apr-13 |
8 |
|
May-13 |
7 |
|
Jun-13 |
7 |
|
Jul-13 |
13 |
|
Aug-13 |
8 |
|
Total |
318 |
|
- |
No. |
|
Work in Progress |
20 |
|
Bank Upheld |
118 |
|
Borrower Upheld |
147 |
|
More Work or Withdrawn |
33 |
|
Combined Total |
318 |
These figures show that the Credit Review Office upheld the credit appeal 147 times or 55% of cases concluded to end August 2013. This shows that there is a strong prospect of success for businesses going to the Credit Review Office and I would strongly encourage SMEs refused credit to seek a review by the Office.
