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Tue 07 Jul 2010Banks 'not withholding SME credit'
The first report from the Credit Review Office has found no evidence that AIB and Bank of Ireland are constraining the supply of credit to the small and medium enterprise (SME) market.
In his first quarterly report to the Minister for Finance, Credit Reviewer, John Trethowan said there was no evidence the two main banks were engaging in lending policies which inhibited the supply of credit to viable businesses.
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