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Sunday 26 March 2023 Dublin: 7°C

# Credit Review Office

All time
# sponsore by the credit review office
Taking on the banks and winning - all in a day's work for this Irish businessman
Liam Murphy had his loan application rejected – but he didn’t allow that to deter him.
# wrong answer
Been knocked back for a business loan? Well, here's some good news
The Credit Review Office has been overturning a lot of rejected applications.
# Lending
Credit Reviewer says banks need to show more 'risk-taking' in lending
John Trethowan’s eighty quarterly review criticises banks for not being adventurous enough in lending to businesses.
# 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.
# Credit
Banks won't meet lending targets - because too few businesses want loans
The Credit Review Office says banks won’t meet their targets for lending to small businesses – but that it’s not their fault.
# 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.
# Credit
Small businesses report more difficulty in securing bank credit
A huge 48 per cent of small firms are finding it difficult to access credit from banks, according to the business group Isme.