Bank of Scotland (Ireland) pledges €1 billion of Irish lending in 2009; Irish Banking Federation says banks will provid strong support to Irish business during slowdown
Dec 2nd, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Bank of Scotland (Ireland) today pledged €1 billion of lending to support needy consumers and business customers in 2009. In particular, the Bank will focus on supporting mortgage customers in personal banking through Halifax and SMEs in business banking. Also today, the Irish Banking Federation (IBF) said banking sector will continue providing strong support to business generally, and to the Small and Medium Enterprise (SMEs) sector in particular, in the current economic slowdown.