Wednesday April 1, 2020

Time and ingenuity needed to solve the credit riddle

While the two ‘pillar banks’ have hit their lending targets, not everyone is convinced that giving out more money is the answer

28th May, 2011

Last Thursday, the Minister for Finance, Michael Noonan, called for ideas about ‘‘what can be done to encourage viable businesses to seek credit’’.

Companies, it seems, aren’t borrowing enough. As Noonan pointed out in an earlier statement announcing the Credit Suggestions initiative, the two so-called pillar banks - AIB and Bank of Ireland - will have more than enough capital in the coming months and years to meet the borrowing needs...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

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.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago