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Strategic Banking Corporation of Ireland

Dáil Éireann Debate, Tuesday - 9 June 2020

Tuesday, 9 June 2020

Ceisteanna (79)

Michael McGrath

Ceist:

79. Deputy Michael McGrath asked the Minister for Finance the number and value of loans provided by the Strategic Banking Corporation of Ireland in each month of 2020, by type of loan product in tabular form; and if he will make a statement on the matter. [10325/20]

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Freagraí scríofa

The information requested by the Deputy is set out in the following table.

Scheme

Number of loans sanctioned from 1 January to 4 June 2020

Value of loans

Future Growth Loan Scheme

667

€161,566,068

Brexit Loan Scheme

48

€7,068,000

Covid19 Working Capital Scheme

372

€45,676,500

Credit Guarantee Scheme

11

€3,304,000

Liquidity

856

€44,396,385.89

Total

1954

€262,010,953.9

The Strategic Banking Corporation of Ireland (SBCI) has provided information on the number and value of loans sanctioned under the various loan schemes from the 1st January 2020 to the 4th June 2020. The SBCI has informed the Department of Finance that they do not currently have this information available on a month by month basis. The SBCI releases data on a periodic basis and expects to release updated scheme data to the end of June in mid July.

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