Written answers
Thursday, 17 December 2015
Department of Finance
Small and Medium Enterprises Debt
Michael McGrath (Cork South Central, Fianna Fail)
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142. To ask the Minister for Finance the latest information he has available as to the amount of small and medium enterprise debt outstanding; the amount which is in arrears; the amount classified as non-performing; and if he will make a statement on the matter. [45966/15]
Michael Noonan (Limerick City, Fine Gael)
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The Central Bank publishes the level of outstanding SME debt through the statistical release "Trends in Business Credit and Deposits: Q2 2015", which indicates that total loans by resident credit institutions to Irish resident SMEs was €50.6 billion at end-June 2015. This publication is available on the Central Bank website at:
Although the Central Bank do not publish data specifically around SME arrears, the publication "SME Market Report 2015 H1" reports on SME default numbers (as per the Basel II definition of default). This publication is available on the Central Bank website at:
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