Current status: Answered by Richard Lochhead on 26 August 2025
To ask the Scottish Government what funding it has awarded to credit unions in each of the last five financial years.
The Scottish Government does not hold a central record of all financial support provided to credit unions. Where funding has been provided, it has generally been through broader third sector or financial inclusion programmes such as those delivered by Social Investment Scotland, rather than as ongoing, dedicated support to credit unions. For example, in total SIS has awarded:
Financial Year | 19-20 | 20-21 | 21-22 | 22-23 | 23-24 | 24-25 |
Total Loans to Credit Unions | - | 1,637,500 | 160,000 | 500,000 | 2,000,000 | 1,465,000 |
Grants Awarded | - | 13,500,000 | - | - | - | - |
Total | - | 15,137,500 | 160,000 | 500,000 | 2,000,000 | 1,465,000 |
I refer the member to the answer to question S6W-21901 on 24 October 2023. All answers to written Parliamentary Questions are available on the Parliament's website, the search facility for which can be found at https://www.parliament.scot/chamber-and-committees/written-questions-and-answers.