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Bankers to attend SME lending meeting

Monday, April 14 16:11:07

Senior officials from Bank of Ireland, Ulster Bank and AIB are to attend tomorrow's meeting of the Oireachtas Joint Committee on Jobs, Enterprise and Innovation.

The committee is holding hearings on access to finance for small- and medium-sized businesses.

2014 as part of its hearings on access to finance for small and medium sized enterprises.

Committee Chairman Damien English said that the committee has identified the availability of funding and support for SMEs "as a key priority in national efforts to achieve economic recovery".

"Anecdotally, we have all heard many businesses, particularly small businesses and start-ups, say they are finding it difficult to access credit from banks," Deputy English said.

"At our meeting tomorrow we will have an opportunity to consider how the needs of SMEs, start-ups and micro-enterprises are being met by the banks and discuss progress in providing the necessary credit for businesses to start-up, expand and create much-needed jobs."

The meeting is due to start at 1.30pm tomorrow in Committee Room 2. The Committee will hear first from Bank of Ireland Group Chief Executive Richie Boucher, then from Ulster Bank Chief Executive Jim Brown, followed by AIB Chief Executive David Duffy.