Irish Lending Continues To Tighten

30 Apr 2009

Irish banks are lending less, as credit standards on loans have tightened for the sixth quarter in a row, according to European Central Bank data.

Irish banks are lending less, as credit standards on loans have tightened for the sixth quarter in a row, according to European Central Bank data. The ECB attributed the ongoing trend to balance sheet constraints and a rise in the banks’ cost of funds, even as demand for ...

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