Michael Murray: Unfair to bash banks over ‘failure’ to lend to SMEs

Michael Murray: Unfair to bash banks over ‘failure’ to lend to SMEs

The banking industry across the Anglo Saxon world has deserved 90 per cent of the criticism that has been levelled at it over the past five years.

The banking industry across the Anglo Saxon world has deserved 90 per cent of the criticism that has been levelled at it over the past five years.

But on one topic the criticism that has been levelled at the Irish banks - their failure' to lend to the SME sector - has been unfair.

It is time for the banks to do a little more blunt explaining on this issue.

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

More from The Business Post