Lending to non-financial/property Irish SMEs fell 3.3% in Q2 2011 and 9.9% in 12-month period
Sep 22nd, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Central Bank reported today that lending to non-financial, non-property related Irish SMEs declined by €891m in Q2 - - second quarter - - (3.3%), and €3.2bn over the year (9.9%), bringing total lending to SMEs in these sectors at end-Q2 2011 to €26.6bn. This follows an annual decline of 8.3% in Q1 2011.