Departmental Data

Dáil Éireann Debate, Wednesday - 8 May 2024

Wednesday, 8 May 2024

Questions (171)

Louise O'Reilly

Question:

171. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment further to Parliamentary Question No. 250 of 6 March 2024, the expected default rate on State-backed loans of 80%; how such a rate is calculated; and if he will make a statement on the matter. [20289/24]

Written answers

Minister for Enterprise, Trade and Employment

The expected default rate and calculation of same for State backed loan schemes is not a matter for my Department. This is a matter solely for the on-lenders of the schemes and is commercially sensitive information that is not released by the on-lenders.