Banking
Credit Union lending surges in 2023 as mortgage growth sees loan book increase to €5.3bn
The Irish League of Credit Unions has said the mortgage book of its member credit unions grew by more than 50 per cent last year to over €500m
Irish credit unions posted a significant increase in both the number and size of loans it has issued in the last year, as the organisation continues to expand its presence in the lending market.
New figures issued by the Irish League of Credit Unions (ILCU), a representative body for around 200 credit unions, said the total loan book of its members increased almost 12 per cent last year to reach €5.3 billion – it’s highest ...
