Sunday February 23, 2020

Time for a deal on SME debt

Credit where it's due for the government, but the issue of boomtime debt is still strangling business, writes Ian Kehoe.

13th January, 2013
Michael Noonan, Minister for Finance. Photo: Tony O'Shea

The contentious issue of credit has been the bete noire of Irish SMEs in recent years, with the two pillar banks constantly criticised for their frugal lending policies. However, in the Department of Finance, there is now a growing optimism that they are close to resolving the issue.

Bank of Ireland and AIB hit their €3.5 billion state prescribed SME lending targets for 2012, and that figure has been upped to €4 billion for the...

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 | 1 month 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