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Dáil Éireann Debate, Thursday - 30 September 2010

Thursday, 30 September 2010

Ceisteanna (125)

Bernard J. Durkan

Ceist:

121 Deputy Bernard J. Durkan asked the Minister for Finance the discussions he has had with various financial institutions to encourage lending to the business and job creation sector; and if he will make a statement on the matter. [34120/10]

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Freagraí scríofa

Both myself and my officials are in regular contact with the recapitalised banks on lending to the SME sector. Both Mr. John Trethowan and my Department receive monthly progress reports from the two banks which allow us to ensure they deliver on the strong commitments given in their €3bn lending plans to support viable businesses in all sectors of the economy and in every area of the country. There are also regular meetings to discuss the quarterly recapitalisation reports which cover the customer package agreed in February 2009.

Question No. 122 answered with Question No. 40.
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