Banks covered by the rescue scheme

Summary

The Minister named four participating banks and agreed to consider extending the scheme to farmers borrowing from merchant banks.

Joe Walsh Mr. J. Walsh Fianna Fáil

What is the number of banks to which this scheme applies?

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Austin Deasy Mr. Deasy Fine Gael

The associated banks, the Bank of Ireland, Allied Irish Banks, the Northern Bank and the Ulster Bank.

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Joe Walsh Mr. J. Walsh Fianna Fáil

Will the Minister then look into the possibility of extending the scheme to a number of the merchant banks from whom a fair number of farmers have facilities and they are not availing of this scheme?

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Austin Deasy Mr. Deasy Fine Gael

That is an interesting point which has not been made before. I will look at that.

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