Written answers
Tuesday, 2 October 2018
Department of Finance
Strategic Banking Corporation of Ireland Data
Billy Kelleher (Cork North Central, Fianna Fail)
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172. To ask the Minister for Finance further to Parliamentary Question Nos. 182 and 183 of 7 September 2018, the SMEs that received loan funding by firm size of fewer than 10 employees; 11 to 49 employees; and 50 to 249 employees, respectively, in tabular form. [39537/18]
Paschal Donohoe (Dublin Central, Fine Gael)
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The Strategic Banking Corporation of Ireland commenced its activities in March 2015. SBCI has forwarded updated figures to my Department that show, to the end of March 2018, it has supported loans to Irish SMEs totalling €972m to 24,002 Irish SMEs supporting 129,300 jobs through both its on-lending and risk-sharing activities.
Below is a breakdown, by SME size, of lending using SBCI funds.
| Firm Size | No. of Employees | Total Loans Supported | No. of Businesses |
|---|---|---|---|
| Less than 10 | 45,581 | 658,544,884 | 21,761 |
| 11 to 49 | 37,504 | 188,004,256 | 1,741 |
| 50 to 249 | 46,215 | 125,506,684 | 500 |
| Grand Total | 129,300 | 972,055,824 | 24,002 |
| Total % | |||
| Firm Size | No. of Employees | Total Loans Supported | No. of Businesses |
| Less than 10 | 35% | 68% | 91% |
| 11 to 49 | 29% | 19% | 7% |
| 50 to 249 | 36% | 13% | 2% |
| Grand Total | 100% | 100% | 100% |
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