Oireachtas Joint and Select Committees
Tuesday, 15 April 2014
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB
3:10 pm
Mr. Andrew Blair:
Probably of the order of 35% of our SME book are in distress. I want to distinguish between those businesses which are SME businesses - trading businesses which may have other issues attached to them - and those businesses which are pure property businesses. Clearly, if property is taken into account, the number is greater than that.