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Brexit Data

Dáil Éireann Debate, Friday - 7 September 2018

Friday, 7 September 2018

Questions (1022)

Charlie McConalogue

Question:

1022. Deputy Charlie McConalogue asked the Minister for Agriculture, Food and the Marine further to Parliamentary Question No. 585 of 12 July 2018, the status of the data in relation to quarter one. [36951/18]

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Written answers

The Brexit Loan Scheme opened on the 31st March 2018 and will remain open until 31st March 2020, or until it is fully subscribed. It is operated by the Strategic Banking Corporation of Ireland (SBCI) through the banks.

SBCI have informed my Department that the banks have reported the first official data on the Scheme and that this is currently being compiled into a report that will be made available shortly. In this regard they noted that the end of the first reportable quarter was 30 June and that the participating banks have a 45 day timeline within which they are required to report official data to the SBCI.

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