07/07/2011

Finance Minister Publishes Credit Initiative Suggestions

Some of the suggestions sent in by members of the public in response to the Finance Minister's call for improvements to the number of Small and Medium Sized Enterprises (SMEs) applying for credit have been published.

The suggestions were selected on the basis of being the most frequently made, appearing to be the most relevant to the issue of getting viable businesses to seek credit and those that were considered the most significant.

Discussing the suggestions made, Minister Michael Noonan said: “I would like to thank all those who took the time to make suggestions on how to get viable businesses seeking credit. The level and quality of the responses within such a short time frame showed how important this initiative is to Irish businesses. My Department now has a list of suggestions that we can work with to encourage SMEs to apply for credit.”

The Minister took this opportunity to invite the public to comment on the published list with a view to improving and refining them. He stressed that his Department will be working on the assessment of the suggestions at the same time.

Any comments should be sent to the creditsuggestions@finance.gov.ie mailbox before 31 July.

(BMcN/GK)

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