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Thursday 1 June 2023 Dublin: 10°C

# Bank Loans

All time
# branch out
Irish small businesses are still too old-school when it comes to getting loans
Think more crowdfunding, less banking, economists say.
# Libor
RBS traders fired months ago over rate-fixing - report
Revelation comes after RBS confirmed it is one of the banks being investigated over manipulation of inter-bank lending rates.
# Lending
Half of SME applications for bank loans refused in last quarter – report
A new ISME survey says that although more companies are seeking credit, lenders are still reluctant to put up their cash.
# Credit Review
Complaints about bank lending 'made by people who haven't sought loans'
The quarterly review of the Credit Reviewer notes that banks can only lend whenever someone applies for a loan.
# Banks
Bank of Ireland raises €500million in loan sale
It’s hoped the move will avoid the need for further taxpayer support of the bank.
# ECB
ECB's lending to banks is now at nearly €50bn
The loans – which are for the unusually long period of six months – are aimed at steadying the banking system.
# Opinion
Column: Yes, the global economy is in turmoil... but banks have to start lending
Ireland needs to order its banks to resume lending to small and medium businesses in order to fuel a recovery, argues Nick Leeson.
# Statistics
Loan approval rates nearly halved in three years - CSO
90 per cent of all business loan applications were approved in 2007, but only 50 per cent were given the thumbs-up by 2010.