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New Rules Boost Credit Union Home And Business Lending Capacity From Today

Tuesday, 30 September 2025 09:52

By Martin Osborne - Head of News. Got a story? Email news@kfmradio.com

Home loan limits are going up by 30 per cent of total assets, while its a 15 per cent increase for businesses.

New lending limits for Credit Unions come into effect today.

The Central Bank is increasing the home and business lending capacity of credit unions by €6.6 billion.

Home loan limits are going up by 30 per cent of total assets, while its a 15 per cent increase for businesses.

There will also be no need for a business plan for loans of more than €25,000.

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