Friday February 28, 2020

Why it's time to bring back banker bonuses

No matter what the government and their part-owned subsidiaries - the pillar banks - say, lending to the SME sector is not happening.

17th March, 2013
'If you are incentivised by bonuses, it will be in your interest to make sure that lending is happening overall.'

No matter what the government and their part-owned subsidiaries - the pillar banks - say, lending to the SME sector is not happening.

Last week, I chaired a forum discussing sources of finance for businesses. The audience, a mixed bag of business owners, were of one voice: they can't get money from banks.

The one dissenting voice in the room was a senior banker who - and I respect that he was obliged to -...

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