Government plan for loans to SMEs to be unveiled this week

Detailed plans for a $12bn plan for bank lending to credit-starved small and medium enterprises will be announced by the Minister for Finance Brian Lenihan this week.

Government plan for loans to SMEs to be unveiled this week

Detailed plans for a $12bn plan for bank lending to credit-starved small and medium enterprises will be announced by the Minister for Finance Brian Lenihan this week.

A total of €3bn will be provided by AIB and Bank Of Ireland to lend to various small and enterprises each year for two years.

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