Banking
‘Game changer’ law to allow credit unions play with the big boys
Once new reforming legislation comes into effect at the end of the year, credit unions will be targeting a greater share of the €12.5 billion mortgage market, says the boss of the Irish League of Credit Unions
David Malone is looking forward to 2024. The chief executive of the Irish League of Credit Unions (ILCU), an umbrella body for more than 200 credit unions in Ireland, believes next year could be a significant one for its members.
With the government set to enact new legislation to reform the regulation of the credit union sector by the end of this year, Malone hopes it will open the door for his members and provide ...
