Dáil Éireann Debate, Wednesday - 14 January 2015
243. Deputy Dara Calleary asked the Minister for Jobs, Enterprise and Innovation if he will provide in a tabular form the total amount of lending underwritten by the credit guarantee scheme on a yearly basis and by banks since its inception; the reason he has not proceeded with promised changes to the scheme; and if he will make a statement on the matter. [1121/15]
View answerThe SME Credit Guarantee Scheme (CGS) was launched in October 2012 and my Department publishes quarterly progress reports on the Department’s website www.enterprise.gov.ie. The progress report detailing the analysis and performance up to the quarterly period ending 30 September 2014 is available on the Department’s website. I intend to publish the report for the period 31 December 2014, once this report has been finalised. The Credit Guarantee (Amendment) Bill is a legislative priority. Legal advice is required in respect of the improvements proposed and when those legal matters are resolved the legislative changes will be made by the Oireachtas. This will allow for a renewed effort to lend even more money to business.
