20/05/2016

Sustainability Of Credit Unions Report Published

A report on the sustainable development of Credit Unions has been announced by the Minister for Finance, Michael Noonan.

The Survey of Irish Credit Unions, gives an insight into what credit unions see as the drivers of change, the constraints they face and who they see as the competitors going forward.

Commenting on the release of the reports, Minister for Finance Michael Noonan T.D. said: "As part of the Programme for Government, this Government stated that they will support the invaluable role of credit unions in Ireland. We recognise that the sector requires support to help overcome the challenges it faces.

"I am confident that these important research documents will be of use to the credit union movement and other relevant stakeholders. These reports will help us in our efforts to plan a future where the credit union movement remains at the heart of Ireland's communities and is strengthened and grows further to continue to meet the financing needs of its members."

(MH/LM)

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