Irish SME report shows growth in new lending

Dublin, Ireland

Annualised gross new lending to small and medium-sized enterprises has increased "steadily" since early 2014, according to an ‘SME market report' published by the Central Bank of Ireland today (July 9).

The latest edition of the semi-annual report draws on data between December 31 and June 30. Annualised gross new lending is €2.6 billion ($2.87 billion), it finds – the highest it has been since 2011.

In terms of distribution, the report notes the "primary sector" – agriculture – has "consistentl

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