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Bank and firms differ in defining a loan refusal

Source: Independent
Dublin : Ireland | 4 months ago  
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Bank data for Allied Irish Banks, Bank of Ireland, Anglo Irish Bank, Ulster Bank and National Irish Bank indicate they are turning down an average of 14pc of credit applications from small to medium-sized enterprises (SMEs), according to consultants Mazars.
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  • News Source: Independent | 4 months ago
    A quarter of small business loans are either in trouble or "on watch" by banks as the economy goes through the biggest upheaval in a generation, according to a major government-commissioned report. A draft copy of the keenly awaited report on lending...
  • News Source: Independent | 4 months ago
    Bank data for Allied Irish Banks, Bank of Ireland, Anglo Irish Bank, Ulster Bank and National Irish Bank indicate they are turning down an average of 14pc of credit applications from small to medium-sized enterprises (SMEs), according to consultants...
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