Written answers
Thursday, 30 September 2010
Department of Finance
Credit Availability
10:30 am
Pádraic McCormack (Galway West, Fine Gael)
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Question 30: To ask the Minister for Finance his views on the European Central Bank lending survey which showed that bank lending conditions for Irish enterprise in July 2010 were worse than at any stage since the credit crunch began; and if he will make a statement on the matter. [33921/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The Government is concerned about conditions for enterprise and has taken a series of initiatives to increase the flow of credit to the real economy, most notably, the establishment of the Credit Review Office and the €3bn SME lending plans of AIB and Bank of Ireland which I feel will ensure that viable SMEs continue to access credit.
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