Galway Bay FM News Archives
GALWAY CREDIT UNIONS RECOUP 116 THOUSAND EURO IN LOANS
Date Published: 23-Apr-2012
Over 116 thousand euro has been awarded to Galway Credit Unions so far this year to recoup consumer loans.
That’s according to figures compiled by business intelligence provider Vision-net.ie which show that just one judgement has been taken so far this year.
The data shows that last year, seven such cases were taken by Galway Credit Unions where consumer loans valued at over 170 thousand euro were recouped.
While none were recorded in the first or second quarter of 2011, five were pursued in quarter three and a further two in the last three months of the year.
Nationally, 74 credit unions have taken 183 cases of unpaid loans to the courts so far this year in an attempt to recover more than 3.6 million euro owed to them.
Almost one in five credit unions have been forced to take this action and in one case a credit union sought a judgment to recoup a consumer loan of over €675,000.
The figures emerged as the Commission of Credit Unions recommended a complete overhaul of the credit union system, suggesting that up to 100 institutions may merge.
Date Published: 07-May-2013
Galway has a population of young people which is more than twice the national average.
According to information gathered by the Central Statistics Office, Galway’s population of 20 to 24 year olds is more than twice the national average.
The number of 25-34 year olds in Galway is also more than the norm nationally, with the two main colleges thought to be the main reason.
However immigration in Galway is much higher than in other areas at 19.4 percent, compared to the national average of 12 percent.
Date Published: 07-May-2013
A city councillor is encouraging people to donate goods directly to charity shops.
It follows allegations of thefts from clothes banks in Galway and across the country in recent months.
However, cameras are in place at some clothes banks and surveillance is carried out by local authorities.
Speaking on Galway Talks, Councillor Neil McNeilis said the problem of theft from clothes banks is widespread.
Date Published: 07-May-2013
A park ‘n’ ride scheme from Carnmore into Galway city could become a permanent service if there is public demand.
That’s according to the Chief Executive of Galway Chamber of Commerce, Michael Coyle.
The pilot scheme will begin at 7.20 next Monday morning, May 13th.
Motorists will be able to park cars at the airport carpark in Carnmore and avail of a bus transfer to Forster Street in the city.
Buses will depart every 20 minutes at peak times and every 30 minutes at offpeak times throughout the day, at a cost of 2 euro per journey.
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