Central Bank says loans to Irish firms fell 3.9% in year to March; 25% of outstanding home loans for buy-to-let properties
Jun 29th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Central Bank reported on Tuesday that the annual rate of change in non-financial private-sector business credit was down 3.9% at end-March, equivalent to a net flow of minus €4.5bn over the year. Separately, the Central Bank reported that 25% of outstanding home loans are for buy-to-let properties.