Bank manager told farmer: ‘Your grain can rot in fields’

GALWAY East Fine Gael TD Ulick Burke has told the Dáil of a bank manager who said a farmer’s grain could rot in the fields before he would get a loan to buy a combine harvester.

Bank manager told farmer: ‘Your grain can rot in fields’

The Loughrea-based TD said the farmer in his locality had been harvesting four or five hours when his combine seized up. He wanted an instant response from the bank to get a new or second-hand machine.

“He approached his bank where he had no previous difficulty, and went to every leasing agency and other lending institution but none would provide, the money. He asked the bank manager would he allow the cereals to rot in the fields rather than give him the money. It was in his interest to complete the harvest so that he could pay off his loan but the manager said, ‘Yes. It can rot in the fields’,” the Dáil was told.

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