The Government has introduced a number of schemes to extend credit, particularly to SMEs, and they have been less than successful, to put it mildly. The Government acknowledges that because it is proposing legislation, the credit guarantee (amendment) Bill, to "enhance the success of those schemes". That is urgent legislation so when can we expect to see it?

I do not have a date for it. However, I remind the Deputy that the first full commercial licence for a lending bank in a number of years was issued recently by the Central Bank. It is applicable to firms. It is not a mainline bank but is for those who use technology produced by a company, Dell, located in the Deputy's constituency. It is one of a number of groups interested in acquiring full commercial licences for lending money to small and medium enterprises. The Deputy will also be aware that the Government has set new lending targets for the pillar banks of €4 billion each to be achieved this year. I will advise the Deputy as to the stage of preparation of the Bill.