Small firms set to face tighter credit conditions

Small firms face an even tighter credit market as the lending market concentrates and foreign banks lose market share, according to a new report from the Central Bank.

16th April, 2012
Small firms set to face tighter credit conditions
Central Bank of Ireland

Small firms face an even tighter credit market as the lending market concentrates and foreign banks lose market share, according to a new report from the Central Bank.

In the study, the bank found that the Irish private sector lending market is now highly concentrated by international standards.

The market for lending to small and medium-sized enterprises (SMEs) is even more concentrated than the lending market for all firms, the report said. Current trends suggest...

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