Credit unions lend €1.1bn as new restrictions impact on loan book
New restrictions on lending have had a severe impact on the size of the credit union loan book, but membership of the movement continues to grow. There are 3.1m members across 32 counties making the Irish movement one of the most popular in Europe.
The ILCU held its annual general meeting in the University of Limerick over the weekend which saw over 2,000 delegates from nearly 500 credit unions attend focus groups and discussions on the challenges facing the movement.
