SFA calls for establishment of new bank

SFA calls for establishment of new bank

The Small Firms Association is calling for the establishment of a strategic investment bank in order to support small and medium enterprises across the country.

In the group's end of year statement, the body believes that up to 20,000 jobs could be created in 2014 if the right economic environment is provided.

The SFA says there are a number of areas that need to be addressed including increased credit availability to firms and improved access for SMEs to public procurement contracts.

"The credit issue is still a huge issue," said SFA chairman AJ Noonan.

"We're calling for the setting up of a strategic investment bank that's primarily involved in creating credit to supply businesses."

More in this Section

Brian Keegan: New ways to manage economy will be neededBrian Keegan: New ways to manage economy will be needed

Killarney could prove to be barometer for tourism recoveryKillarney could prove to be barometer for tourism recovery

Mortgage Advisory group predict spike in mortgage switching applicationsMortgage Advisory group predict spike in mortgage switching applications

Austerity measures post Covid-19 will be disastrous - economists Austerity measures post Covid-19 will be disastrous - economists


Lifestyle

Des O'Driscoll looks ahead at the best things to watch this weekFive TV shows for the week ahead

Frank O’Mahony of O’Mahony’s bookshop O’Connell St., Limerick. Main picture: Emma Jervis/ Press 22We Sell Books: O’Mahony’s Booksellers a long tradition in the books business

It’s a question Irish man Dylan Haskins is doing to best answer in his role with BBC Sounds. He also tells Eoghan O’Sullivan about Second Captains’ upcoming look at disgraced swim coach George GibneyWhat makes a good podcast?

The name ‘Dracula’, it’s sometimes claimed, comes from the Irish ‘droch fhola’, or ‘evil blood’. The cognoscenti, however, say its origin is ‘drac’ — ‘dragon’ in old Romanian.Richard Collins: Vampire bats don’t deserve the bad reputation

More From The Irish Examiner