SME lending falls 1.4% in second quarter

Lending to non-financial, non-property related SMEs by Irish resident credit institutions fell by 1.4 per cent or €390 million over the second quarter, according to figures issued by the Central Bank.

11th September, 2012
Central Bank

Lending to non-financial, non-property related SMEs by Irish resident credit institutions fell by 1.4 per cent or €390 million over the second quarter, according to figures issued by the Central Bank.

That brought the drop in the year to the end of June to €1.2 billion or 4.6 per cent.

The total outstanding amount of lending to SMEs in these sectors was €26.6 billion.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago