Michael Noonan with German finance minister Wolfgang Schauble: Mr Noonan said the Strategic Banking Corporation of Ireland would offer, low-interest, longer-term and flexible financing for small business. Photograph: Alan Betson

Irish banks are preventing small businesses from growing “beyond a certain size” because they only offer them short-term loans, according to Minister(...)

Michael Noonan with German finance minister Wolfgang Schauble: Mr Noonan said the Strategic Banking Corporation of Ireland would offer, low-interest, longer-term and flexible financing for small business. Photograph: Alan Betson

Irish banks are preventing small businesses from growing “beyond a certain size” because they only offer them short-term loans, according to Minister(...)

German finance minister Wolfgang Schauble and his counterpart Michael Noonan signed off on today’s deal. Photograph: Alan Betson / The Irish Times

Representatives of the Irish and German governments have formally signed off on the long awaited release of cash to fund cheap loans for small busines(...)

Strategic Banking Corporation of Ireland to launch at special signing ceremony in Dublin today attended by  German finance minister Wolfgang Schäuble. Photograph: Eric Luke

An initial tranche of €800 million is to be made available for lending to small and medium-sized businesses by the new State-backed Strategic Banking(...)

Richard Bruton: He  insisted the Government had adopted a ‘prudent’ approach to the economy and people were now seeing the benefits.

All political roads yesterday led to the National Ploughing Championships in Co Laois.And so it was that Minister for Jobs, Enterprise and Innovation (...)

Better Capital’s Jon Moulton: “The relationship with the NPRF remains strong with both parties remaining committed to the joint venture. Deal flow has, however, not been as strong as would be liked.”

A €100 million fund backed by the State and managed by Better Capital to invest in turning around Irish small and medium enterprises will be wound dow(...)

Mark Bourke, CFO, AIB and David Duffy, CEO, of AIB. Photograph: Shane O’Neill /Fennell Photography

AIB chief executive David Duffy believes the bank will successfully return all of the €20.8 billion in bailout funds that it has received from the Sta(...)

Speculation about a successor to John Corrigan is likely to include Brendan McDonagh, the chief executive of Nama. Photograph: Dara Mac Dónaill

The National Treasury Management Agency has begun the search for a new chief executive to succeed John Corrigan, who is stepping down in December. The(...)

Minister for Finance Michael Noonan: “Of the projected 2014 general Government interest bill of just under €8 billion, my department estimates that circa €1.6 billion relates to rescue operations in the context of the financial crisis.” Photograph: Stephen Collins/Collins Photos

The annual cost of servicing the debt associated with the financial sector bailout in Ireland in 2008 is estimated at about €1.6 billion, according t(...)

Prof Stephany Griffith-Jones was in Dublin on Wednesday to deliver the second annual Dónal Nevin lecture at the Nevin Economic Research Institute

Public development banks could boost economic growth and aid job creation in Ireland, according to international financial expert Prof Stephay Griffit(...)

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