Ireland's SME debt: what can be done?
New research has found that at least 20 per cent of SMEs in this country are directly exposed to property debt, writes Elaine O' Regan
New Central Bank findings on property-related debt among Ireland's SMEs have prompted fresh calls for proactive policy measures to mitigate against the potential knock-on effect on the wider economy.
The research, released last week, found that that at least one fifth of SMEs had direct exposure to property debt.
SMEs with property-related borrowings had a loan default rate of 43 per cent, compared to 23 per cent for those without property exposure, the Central Bank's...
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