Irish SME loans are costliest in Europe

The interest rates Irish banks charge Irish SMEs are “substantially” higher than the rates banks elsewhere in Europe charge their SMEs, and the gap may be worsening, according to the latest Central Bank bulletin on small firms.

Irish SME loans are costliest in Europe

By Eamon Quinn

The interest rates Irish banks charge Irish SMEs are “substantially” higher than the rates banks elsewhere in Europe charge their SMEs, and the gap may be worsening, according to the latest Central Bank bulletin on small firms.

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