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Credit Unions

Dáil Éireann Debate, Tuesday - 19 November 2013

Tuesday, 19 November 2013

Questions (208)

Jack Wall

Question:

208. Deputy Jack Wall asked the Minister for Finance when the credit report and the viability report, both dated 10 February 2012, regarding Newbridge Credit Union will be published or available; and if he will make a statement on the matter. [49478/13]

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Written answers

The Central Bank has published on its website, a range of material in relation to the transfer of Newbridge Credit Union to Permanent TSB. This includes a resolution report prepared for the Governor of the Central Bank and an affidavit prepared for a hearing in the High Court. I am advised by the Central Bank of its view that a range of other material remains subject to confidentiality restrictions, which includes the credit report and viability report, and the Central Bank is currently examining whether any of this material can come into the public domain in due course.

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