Irish Credit Review Office: Bank of Ireland and Allied Irish Bank each to advance annual credit of €3bn to viable SMEs over next 2 years
Jul 13th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Credit Review Office: Bank of Ireland and Allied Irish Bank have each agreed to advance annual credit of €3bn to viable SMEs over next 2 years. The head of the Credit Review Office said the banks advised that where change has occurred, it has been in the tightening of adherence to compliance with lending policy criteria in the sanctioning process. He saw no evidence that credit overall was restricted.