The Financial Co-operative System in Ireland

Olive McCarthy (), Sharon Farrell () and David Hewson ()
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Olive McCarthy: University College Cork
Sharon Farrell: Irish League of Credit Unions
David Hewson: Irish League of Credit Unions

A chapter in Credit Cooperative Institutions in European Countries, 2016, pp 127-147 from Springer

Abstract: Abstract The financial co-operative system in Ireland is comprised mainly of credit unions. The Irish credit union movement includes over 520 individual credit unions with a combined asset base of over 16 billion euros, total membership of over 3.6 million people, total savings of over 13 billion euros and total lending of over 4.5 billion euros. This chapter explores the current size, structure, operations and challenges of the movement across two jurisdictions: Northern Ireland and the Republic of Ireland. This is a particularly difficult and complex time for credit unions in both jurisdictions as they face significant regulatory, legislative and structural changes.

Keywords: Total Asset; Credit Union; Credit Institution; Financial Service Authority; Northern Ireland (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-319-28784-3_7

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DOI: 10.1007/978-3-319-28784-3_7

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