Concerns about Charleville Credit Union go back to 2007

The Central Bank has released a report about the reasons for the liquidation of the Cork credit union, which state that the regulator had concerns about its viability for a decade

Charleville Credit Union, which sank into liquidation last month, was providing bridging loans for commercial property transactions.

The Central Bank has released a report about the reasons for the liquidation of the Cork credit union, which state that the regulator had concerns about its viability for a decade.

According to the report and an affidavit sworn by Wesley Murphy of the Central Bank, the regulator had concerns about the high level of loans provided ...