Episode Details

Irish credit unions aim to capture 10% of the mortgage market, with David Malone, head of the Irish League of Credit Unions, reporting nearly €1 billion in home loans. New mortgage draws reached €249 million in the past year, a 1.8% market share. Credit unions have merged, reducing from 369 to 172, but mortgages now make up 11.5% of their loan books. Changes in 2020 and 2023 allowed for long-term loan caps, service collaborations, and business loan expansions, enabling them to safely pursue their goal.

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