Banks assure Coveney of willingness to lend to farmers

The three main banks have assured Agriculture Minister Simon Coveney they are willing to lend to farmers seeking to expand.

Mr Coveney told Sinn Féin TD Pearse Doherty in a written reply to a Dáil question that he had met with the chiefs executive of the banks regarding credit availability to farmers.

He also said if a farmer has had an application for credit refused or reduced and feels the decision is unjustified, they can seek to have the issue reviewed by the Credit Review Office.