Sign up to The Irish Times Archive (1859 - 2008)My Account »
Fri 11 Nov 2009Risk-averse banks may refuse credit, warns Lenihan
THERE WAS a danger that banks had become too risk-averse and were refusing credit when the business was in a position to repay the loan, Minister for Finance Brian Lenihan told the Dáil.
“There is also a danger that, starved of cash, the banks, in any event, are not in position to afford adequate credit,” he added.
Choose a Subscription type - required
