Credit Union mortgage lending surges by 24% to €782m

Credit unions continued to grow their mortgage books, reaching €782m at the end of March, a 24% rise compared to the previous year.

The Irish League of Credit Unions (ILCU), which represents more than 90% of credit unions in Ireland, said mortgages now represented 11.7% of the sector's overall loan portfolio, up from 10.4% last year.

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