Government ministers say banks committed to 'success' of €2bn Covid-19 credit guarantee scheme

Tanaiste Leo Varadkar: "I welcome the commitment from the banks to work with Government to help businesses and all of their customers, as we recover from this crisis and return to growth." Picture: PA

Tánaiste Leo Varadkar, Minister for Finance Paschal Donohue and Minister for Public Expenditure and Reform Michael McGrath met the Chief Executive Officers (CEO) of Anglo Irish Bank, Ulster Bank and Bank of Ireland today. 

In a statement this evening the Tánaiste and both government ministers said the banks assured them work is ongoing to ensure a smooth return to regular repayments for customers on payment breaks for mortgages and other loans due to Covid-19.