Niall Collins (Limerick County, Fianna Fail)
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134. To ask the Minister for Finance the average Irish SME loan lending rate; the average EU rate; and the rate for each EU 27 member state based on available data in tabular form. [54131/17]

Paschal Donohoe (Dublin Central, Fine Gael)
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I have been informed by the Central Bank as set out in the Business Credit and Deposits statistical Table A.14.1, available on the the website of the Central Bank, the outstanding SME interest rate as at end-Q2 2017 is 3.21 per cent. The gross new lending weighted interest rate for Q2 2017 is 4.01 per cent.

The Central Bank does not collect data on SME interest rates outside of Ireland. However, the Deputy may wish to note that the latest ECB Survey on the access to finance of enterprises (SAFE) in respect to April 2017-September 2017 published on November 29, 2017 contains some information on interest rates across EU Member States.