Central Bank increases effort to lure credit unions away from ILCU

The Central Bank is embarking on a roadshow to try to persuade credit unions to participate in the multiple debt resolution pilot scheme it announced earlier this month.

18th May, 2013

The Central Bank is embarking on a roadshow over the next two weeks to try to persuade credit unions to participate in the multiple debt resolution pilot scheme it announced earlier this month.

The four briefings, which are taking place in Dublin, Cork and Athlone, are an attempt by the registrar of credit unions, Sharon Donnery, to peel individual community lenders away from the Irish League of Credit Unions (ILCU), which last week rejected participation...

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