Oireachtas Joint and Select Committees
Tuesday, 6 May 2014
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Access to Finance for SMEs (Resumed): Credit Review Office and Chambers Ireland
2:20 pm
Peadar Tóibín (Meath West, Sinn Fein)
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It was mentioned that approximately 80% of lending happens through the two pillar banks. That is my understanding of the structure of the market. It was also mentioned that 55% of applications coming to the office are given the go-ahead. Which bank is the worst for sending appeals to the office?