Average CU loan here double that in North

THE average credit union loan in the Republic of Ireland, at €8,933, is double that in Northern Ireland.

The 2009 Irish League of Credit Unions (ILCU) annual results showed average loans in the Republic increased 1% last year and by 3% in the North.

The average borrowings in the Republic was significantly more than average savings per member, which were €4,026 in 2009.