ILCU head: €1bn recapitalisation figure 'too high'

The head of the Irish League of Credit Unions (ILCU) has said that the figure suggested by Finance Minister Michael Noonan for the recapitalisaion of the country's Credit Unions is way too high.

Fri, 07 Oct, 2011 - 15:18

The head of the Irish League of Credit Unions (ILCU) has said that the figure suggested by Finance Minister Michael Noonan for the recapitalisaion of the country's Credit Unions is way too high.

Yesterday Minister Noonan said that he was going to pump up to €1bn into recapitalising credit unions in order to save them from collapse.

You have reached your article limit. Already a subscriber? Sign in

Unlimited access starts here.

Try from only €0.25 a day.

Cancel anytime

CONNECT WITH US TODAY

Whatsapp logo

WHATSAPP

Newsletter logo

NEWSLETTERS

Notification logo

NOTIFICATIONS

Be the first to know the latest news and updates

More in this section

Garda inscription on a police jacket from Ireland Man arrested after body discovered at Dublin home in early morning incident
Man dies after alleged shoplifting incident on Dublin’s Henry Street Man dies after alleged shoplifting incident on Dublin’s Henry Street
RTÉ payment scandal deepens as media minister summons Kevin Bakhurst to urgent meeting RTÉ payment scandal deepens as media minister summons Kevin Bakhurst to urgent meeting
CourtsHeathrowPerson: Finance MinisterPerson: Michael NoonanPerson: NoonanPerson: Chief ExecutivePerson: Kieron BrennanOrganisation: ILCUOrganisation: Irish League of Credit UnionsOrganisation: Credit Unions
<p>Higher education minister James Lawless. Picture: PA</p>

Student fees will only go down under Government, says minister

READ NOW

Lunchtime News

Newsletter

Get a lunch briefing straight to your inbox at noon daily. Also be the first to know with our occasional Breaking News emails.

Latest

Most Read

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited