Hi,
I would like to know the following - I know very little on the workings of the major banks. Also, I have listened to a lot of coverage so far and this question has never been asked?
If Brian Lenihan wants to get lending restored into the economy - why is Anglo Irish Bank which is state owned not lending to small businesses?
Surely 5-7 billion could be released through that?
Also, surely private enterprises such as AIB and BOI will transfer any investment money they have into a growing market and not one that is at best looking at 8-10 years stagnation?
Hardware DIY, Carpet and tile shoes, Kitchen and furniture outlets, Corner shops, pubs there is an over supply and what viable bank is going to extend credit in shrinking or vanished markets?
I would like to know the following - I know very little on the workings of the major banks. Also, I have listened to a lot of coverage so far and this question has never been asked?
If Brian Lenihan wants to get lending restored into the economy - why is Anglo Irish Bank which is state owned not lending to small businesses?
Surely 5-7 billion could be released through that?
Also, surely private enterprises such as AIB and BOI will transfer any investment money they have into a growing market and not one that is at best looking at 8-10 years stagnation?
Hardware DIY, Carpet and tile shoes, Kitchen and furniture outlets, Corner shops, pubs there is an over supply and what viable bank is going to extend credit in shrinking or vanished markets?