BoI reports 7% increase in SME credit approval

Bank of Ireland says there has been a 7% increase in the number of new credit approvals to SMEs this year in comparison with last year.

BoI reports 7% increase in SME credit approval

Bank of Ireland says there has been a 7% increase in the number of new credit approvals to SMEs this year in comparison with last year.

According to figures released by the bank around 32,000 applications, from small and medium enterprises- got the go-ahead to the end of June.

The research shows the motor, agri and property sectors all showing strong signs of growth in activity.

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