Ireland

A new state-backed credit review committee, which aims to tackle the issue of credit to small and medium-sized businesses, was formally launched yesterday.

The banking recapitalisation plan, announced yesterday, will serve to free up credit for small and medium sized enterprises (SMEs) and

The European Investment Bank (EIB) yesterday reiterated its commitment and enhanced support for Ireland during the economic crisis at the start of an official visit to the country by the European Investment Bank Vice President responsible for Ireland.

Burdale Financial Limited, a member of Bank of Ireland Group, has completed a

AIB has announced enhancements to its invoice discounting service, in order to make the service more accessible to

Chairman of AIB Dan O Connor has stressed the integral role invoice discounting will play in the banks recovery.

The number of SMEs being refused credit represents a growing concern for the government, according to the Minister for Finance

An ISME Bank Watch Survey shows that banks are continuing to restrict lending to the Irish SME sector

The Institute of Certified Public Accountants in Ireland has highlighted the extent of the difficulties facing newly established businesses stifled by a lack of credit.

Irish SME's will benefit from the decision of the EU Commission to authorise the Irish Government to hand out state aid of up to 500,000 euros per firm over the next two years.